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Shiba Inu is currently one of the most popular cryptocurrencies on Twitter. The number of times a cryptocurrency is mentioned on social media is considered to be a measure of market growth. The coin is currently the second-largest meme cryptocurrency in the world. Shiba Inu, which has been dubbed a Dogecoin clone, has witnessed a surge in popularity in recent months. The network reported that it has over 100,000.
SHIB holders and a Twitter handle with over 900,000 followers. All of these are characteristics of a burgeoning community. SHIB was also recently listed on Coinbase and Binance, which considerably boosted its value. Shiba just reached an all-time high, but it was unable to hold the support, and it has been decreasing since then. On the other hand, it has managed to stabilize and has been trading in green for the past 24 hours. Shiba has a possibility to earn more than 20% if it can break over the current resistance. The demand for Shiba Inu has increased, and the search for the coin has also increased alongside.
Ethereum co-founder Vitalik Buterin was one of the many people who gave to India’s Covid relief efforts, donating billions of Shiba Inu tokens to the Covid relief fund.
The last remaining tokens from the donation of $76.2 million in Stablecoins were successfully converted recently by India’s Crypto-Covid Relief account. According to the account, it exchanged 10, trillion SHIB into 76 million USD Coin. Within the following few hours, they are anticipated to send the entire sum to the Covid Relief Fund. Shiba Inu traders appear to have been waiting for signs from the world’s top cryptocurrency and have been hesitant to make large changes in recent trading sessions. The crypto market sentiment is now mixed, and most cryptocurrencies have fluctuated in recent days.
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