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CryptoWorld News reports that Shiba Inu’s Layer 2 blockchain Shibarium has seen a significant increase in trading volume this week, forming an “M” shape. According to ShibariumScan data, Shibarium’s daily trading volume rose from 732 transactions on May 23 to 7,220 transactions on May 26. Although it later dipped, falling to 1,510 transactions on May 27, it rose again to 5,880 transactions on May 28. Despite fluctuations in trading volume, Shibarium activity has picked up again after a period of quiet. Currently, the price of Shiba Inu has rebounded after a week of decline, with the latest trading price at $0.00000548, up 3.07% over the past 24 hours.

SHIB2.24%
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GovernanceGremlin
· 6h ago
Prices follow the trading volume, but 0.00000548 has a bit too many zeros.
View OriginalReply0
PfpArchaeologist
· 7h ago
0.00000548, counting zeros makes my eyes go blurry, when will I be able to lose a zero
View OriginalReply0
MetalKeyInsomnia
· 7h ago
A 3% rebound after a week of decline; this level of increase is considered conservative in the meme coin community.
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Lemon-FlavoredStopLoss
· 8h ago
Waking up from a calm period is a good thing, but don't fall back asleep.
View OriginalReply0
ColdWalletInTheAutumnBreeze
· 8h ago
ShibariumScan’s data transparency is a good thing—at least they’re not just making things up.
View OriginalReply0
InvisibleMarketMaker
· 8h ago
7220 transactions to 1510 transactions then back to 5880, this roller coaster ride is a bit thrilling
View OriginalReply0
TvlDownBad
· 8h ago
The M pattern is quite interesting. With such large fluctuations in trading volume, is someone just flipping back and forth, or is there real demand?
View OriginalReply0

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