My lovely people, what's up, how are we doing in the crypto craze! If you're one of those who has Shiba Inu ($SHIB ) in your portfolio or simply enjoy the gossip of the market, hold on because things are heating up! 🔥
Imagine this: 24,000,000,000,000! Yes, you read that right, 24 trillion SHIB tokens! That was the monstrous amount that moved in trading volume on June 4, breaking a record we hadn't seen in six months! It's like everyone in the neighborhood suddenly came out to buy and sell SHIB at the same time. Crazy! 🤯
This means that interest in Shiba Inu is more alive than ever. Those sharks (the whales, as we call them in crypto slang) and big investors are making moves! When you see volume like this, it's because there are a lot of people buying, selling, or both at the same time! It's a sign that there's a lot of activity in the market and that liquidity is at its peak. 🌊
And why this surge in volume? Well, my people, it wasn't that Shytoshi Kusama (the developer of SHIB) announced he was going to gift us a Caribbean island, no! Although sometimes that volume comes with bombshell news, this time it seems that the entire market got "energized" and saw an opportunity. Maybe people took the chance to "buy the dip" or there was simply a wave of optimism that infected everyone. ✨
The curious thing about this, and here comes the detail that makes us think: despite this monumental volume, the price of SHIB didn't shoot up like a rocket. It only had a modest rise, like 4% to 6% in 24 hours. It's as if many buyers came in, but so did many sellers! This tells us there's a fierce battle between those who want the price to go up and those who are taking profits. ⚔️
But watch out, my people, because such a large volume is a sign that interest in SHIB remains strong and that the community is active. Even though the price may not soar immediately, a record volume like this is always something to pay attention to. It could be a precursor to something bigger! So, let's stay alert for the Shiba Inu play! 🐶🚀
