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Shiba Inu Rallies 34%, But Will FOMO End The Rally? Newsbtc 28 Th09 2024

Shiba Inu Rallies 34%, But Will FOMO End The Rally? 😺

Data shows Shiba Inu's metrics surged with the coin's 34% rise, indicating potential FOMO among investors. The rally accompanied increased trading volume, unique token transactions, and whale activity.

According to Santiment, these indicators' sharp uptick suggests heightened network activity, usually a positive sign for continued price moves.

However, the extreme surge and increased social media discussions hint at traders getting overly excited, possibly signaling a rally peak.

Santiment advises caution, recommending traders wait for the high bullish narratives to subside.

Shiba Inu recently surpassed $0.0000195, continuing its upward trend.

Nguồn: www.newsbtc.com ↗

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