The world’s second-largest meme coin, Shiba Inu (SHIB), has recently experienced a notable 23% increase in price within the last 24 hours, bringing it closer to $0.0000191.
This price surge coincides with a significant 240% rise in daily trading volumes, surpassing $1.36 billion, reminiscent of the 2021 market craze.
The sudden rise in SHIB's value is driving increased interest and activity in the cryptocurrency market, marking a wave of 'FOMO' (fear of missing out) among investors.
