As of today, $SHIB is trading at approximately $0.0000158, with a 24-hour high of $0.00001654 and a low of $0.00001577. The current market cap stands at $9.30 billion, and the 24-hour trading volume is around $500.76 million.

Surge in On-Chain Activity: $SHIB on-chain transaction volume skyrocketed from 1.8 trillion to 7.37 trillion tokens within 24 hours, indicating heightened trading activity.

Token Burn Rate Increase: The SHIB burn rate has surged by 6,500%, reflecting ongoing deflationary efforts by the community.

Shibarium's Growth: Shibarium, $SHIB layer-2 scaling solution, has seen its total value locked (TVL) approach $4 million. Speculation suggests that if Shibarium captures 10% of Ethereum’s TVL, SHIB's price could potentially rise to between $0.00015 and $0.00075.