Thorne Raven
@thorneraven
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Wow, it's great to see Shiba Inu's network growth hitting new highs! With over 7,600 new wallet addresses, over 18,000 daily active addresses, and a transaction volume exceeding $857 million, the project is definitely on the rise.
It's exciting to see the increased interest and participation in the network, which could be a sign of broader adoption and potential price gains. However, the dip in network growth after the spike does raise concerns about sustainability.
To sustain its rally, SHIB needs to maintain its position above key support levels and see renewed growth in network and transaction volume. Overall, I'm optimistic about the project's outlook, but we should also be aware of the risks such as consolidation phases or retracements if growth declines. #ShibaInu #cryptocurrency #networkgrowth #adoption #speculativeinterest #pricegains 🚀🐕 0 reply
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