SHIB Enthusiasts React as Shiba Inu Posts Mysterious Tweet

The official Shiba Inu ecosystem X handle sets the community abuzz with a mysterious tweet, stirring bullish reactions from SHIB enthusiasts.   

I an X post yesterday, the Shiba Inu ecosystem team sent a good morning message to the community members.

Community Reacts 

However, the image accompanying the post caught the attention of SHIB enthusiasts, who took to the comment section to react with different bullish emojis. 

In particular, Coinpedia Markets, a leading crypto analytic platform that predicted BONE’s listing on Binance, responded with “GM, @shibtoken,” alongside a fire emoji. 

In addition, popular Shiba Inu community member Vet KUSAMA also reacted to the tweet with a rocket emoji. 

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Furthermore, Hong Kong-based crypto exchange LBank, which recently listed Shiba Inu’s partner token K9 Finance DAO (KNINE), leveraged the heart eyes emoji to react to the post. 

These reactions suggest that the border Shiba Inu community is bullish about upcoming updates within the ecosystem.  

Shiba Inu Price Nears $0.00003 

Since the mysterious tweet went viral, Shiba Inu has witnessed growth in different aspects, ranging from price to trading volume. As reported earlier, Shiba Inu resumed its upward trajectory yesterday, as its price soared from $0.00002475 to an intraday high of $0.00002933. 

This remarkable rally saw Shiba Inu briefly flip Cardano (ADA) to become the 10th-largest crypto asset by market cap. Although SHIB’s price has retraced to $0.00002778 in the hours leading up to press time, it is still up 12.2% on the daily charts. 

Shiba Inu Flips BTC, DOGE, and ETH to Become Most Traded Token in Korea

Furthermore, Shiba Inu’s volume has surged tremendously in recent times, with investors trading $2.39 billion worth of SHIB over the past 24 hours. Data from CoinMarketCap shows that the figure represents an increase of 143.68% from yesterday’s record. 

Shiba Inu’s volume surged thanks to the growing interest in the token among South Korean traders. At the moment, Shiba Inu is the most traded token on South Korea’s largest exchange, Upbit, outpacing top crypto assets like Bitcoin (BTC), Dogecoin (DOGE), and Ethereum (ETH) in terms of 24-hour volume. 

While SHIB had a volume of $352.55 million, BTC, DOGE, and ETH’s volume stood at $152.35 million, $100.98 million, and $98.19 million, respectively. 

SHIB volume on Upbit
SHIB volume on Upbit | CoinMarketCap

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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