Shiba Inu (SHIB) has experienced a 21% surge in its value, emerging as the top performer among leading cryptocurrencies. The current price of SHIB is approximately $0.00001912, according to CoinGecko.
This significant rise is attributed to increased activity within the Shiba Inu ecosystem. Notably, the growth of Shibarium, a rise in staking activities, and an aggressive token burning strategy have been pivotal factors.
As a result, SHIB's market capitalization grew by $3.3 billion within just 24 hours, indicating robust investor interest and enhanced market confidence in the token.
