Will Shiba Inu initiate another bull run to an ATH? – Coinpedia – Fintech & Cryptocurreny News Media
- SHIB is picking up speed and the crypto market is stabilizing from its lethargic dynamic.
- The Doge Killer is growing in popularity as the platform experiences growing adoption.
SHIB is returning to its accelerating pace as the market recovers from the lethargic momentum. The recent market cycle has cost the asset big bucks while making its surge. The Doge Killer roams at an exhilarating speed in search of his lost accomplishments.
Meanwhile, the platform has received adoptions and acceptance. The network is also growing towards the usefulness and fundamentals of the protocol. Which is overwhelming for any meme coin. As a result, there is enthusiasm in the SHIB army.
The growing importance of SHIB
Shiba Inu is becoming more and more popular, the platform is adopted and accepted by numerous companies. According to major sources, SHIB is now available in USD via Binance US Crypto.com Exchange now supports deposits and withdrawals from SHIB and DOGE via Cronos in addition to the ERC-20 network.
In addition, NOW payments also support SHIB, VEmpire Digital has burned 20% of SHIB tokens collected on NFT sales to celebrate listing on Shiba Swap DEX. 349.669.409 Amount of SHIB was burned by VEmpire.
AMC cinemas will accept SHIB as a payment option, along with other digital assets. In addition, rumors are circulating that Newegg may accept SHIB. Speculation arose after a mention of Newegg on a public platform.
SHIB’s leap towards highs
The meme coin at press time is at. acted $ 0.00004877 with profits from 10.4%. While the market cap is near $ 26,780,517,056. The intraday trading volume is $ 3,654,278,328. The ATH remains at a distance that was last reached about 23 days ago. The coin currently holds its 11. Position by market capitalization.
Overall, the dog killer could resume its bullish momentum to claim newer ATH on the charts. Furthermore, the surge in meme coin adoptions and adoption could only propel them further. Then there are the increasing numbers in the statistics.