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**14,730,000,000,000 Shiba Inu in 24 Hours, New Milestone in View**
In the last 24 hours, a staggering 14,730,000,000,000 Shiba Inu tokens have been committed to open interest, setting a new milestone. This influx of investment is being seen as a sign of increased confidence among investors in the meme coin’s potential for significant growth.
As reported by CoinGlass, this unprecedented surge in activity highlights the unwavering enthusiasm and support from SHIB enthusiasts. The fact that such an enormous amount of Shiba Inu tokens has been locked in open interest showcases investors’ determination to capitalize on the cryptocurrency’s future potential.
The sudden spike in investment is a clear indication that investors are anticipating a substantial price rally, which could lead to massive gains for those who invested early. Despite this surge, trading volume decreased by 1.6% to $225.6 million.
Despite the daily increase of 1.5%, SHIB’s current price remains relatively stable at around $0.00001292. Notably, the cryptocurrency’s monthly growth now stands at an impressive 14.6%.
As a result, experts are predicting that the coin may set new all-time highs in the near future, potentially breaking the $0.0000145 level. Should this transpire, it would be a significant accomplishment for the meme coin and its supporters.
It is essential to remember that investment decisions should always be made based on individual circumstances and financial goals.
Source: u.today
