This M-shaped pattern is moving in a pretty interesting way—so with Shibarium’s current upswing, is it a real recovery or just a short-term pulse?

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CoinNetwork
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.
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