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Fatymahππ©πβ‘οΈπ
@fatymah
Shiba Inu's (SHIB) network growth has surged, with new wallet addresses hitting yearly highs. The token's daily active addresses and transaction volume have also increased. Key Statistics: - New wallet addresses: Over 7,600 - Daily active addresses: Over 18,000 - Transaction volume: Exceeded $857 million Analysis: The surge in network growth and active participation could be a sign of increased speculative interest or broader adoption. However, the sharp dip in network growth after the spike raises questions about sustainability. Outlook: For SHIB to sustain its rally, it must maintain its position above key support levels. Renewed network growth and transaction volume spikes would bolster confidence in further price gains. Risks: - Consolidation phase or retracement if network growth and transaction volume decline - Overbought territory, with RSI at 66.44
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Omovigho Francisππ©β‘
@encouragers
147 $degen
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$DEGEN Tip Bot
@degentipbot.eth
β 147 tipped β 0 remaining 147 / 147 (100%) β β β β β β β β β β
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