Shiba Inu Experiences a Remarkable 36.5% Surge, Achieving an $8B Market Cap, Surpassing ADA, LINK, & LTC – Anticipating an Astonishing 800% Surge Within a Week!

Shiba Inu, amidst the recent surge in Bitcoin, has managed to outshine other assets with an impressive 36.5% gain in the past 24 hours. This growth has propelled Shiba Inu’s market cap to exceed $8 billion, doubling from its recent lows in November. In addition, its trading volume has surpassed major altcoins like ADA, LINK, and LTC.

The coin’s strong volume metrics have sparked speculations of a potential 800% surge in the coming week, reminiscent of its remarkable performance during the 2021 bull run.

Shiba Inu’s price has skyrocketed by more than 36.6% in the past 24 hours, riding the positive trend in the overall cryptocurrency market. Notably, this surge has pushed its market cap above $8 billion, the highest level since May 2023. To put this into perspective, Shiba Inu has now doubled its market cap from its recent lows in November.

Furthermore, the trading volume for Shiba Inu has soared to approximately $1.5 billion in the past 24 hours, surpassing several altcoins with higher market capitalization. For instance, Cardano, ranked 8th, has a trading volume of $1.38 billion, while Chainlink, ranked 12th, has $1.33 billion. Even the more established cryptocurrency Litecoin, ranked 19th, has around $1 billion in trading volume.

Lucie, a Shiba Inu ecosystem marketing specialist, recently took to Twitter to draw attention to a potential rise in SHIB’s price, citing historical data. She pointed out how SHIB experienced an astounding 800% surge in just one week in 2021. Lucie is eagerly awaiting the outcome in 2024, emphasizing the importance of slow burns and steady demand for SHIB’s growth.

Currently, Shiba Inu’s price stands at $0.00001340. If it were to surge by 800%, it could reach $0.0001206, eliminating one zero. This would mark a new all-time high, and past data suggests that this could occur in the upcoming weeks.