#SHIBA🚀 #SHIBA✅🚀 #pepe⚡ #XPRS 《Analyzing the Reasons for the Surge of Shib, Where is the Next Shib?》
Shiba Inu (SHIB) experienced a surge in November 2024, drawing widespread attention. The reasons are multifaceted.
1: The movements of large holders are noteworthy. A certain large holder has extracted a significant amount of SHIB from Coinone at an average price of $0.00001842 since June, and in November, they increased their position by $2.54 million, raising their total to $21.72 million, resulting in substantial unrealized gains. Their significant investment has led small and medium investors to follow suit, pushing the price up.
2: Trading platforms have shown active performance. In November, during certain periods, the price soared 18% within 24 hours. Although trading volume fluctuated, the number of open contracts surged significantly, and the market capitalization once entered the top ten. Frequent trading on mainstream platforms allows for quick capital movement, providing support for price increases. The ecological layout has achieved significant results, with decentralized platforms like Shibaswap operating stably, and the mining mechanism attracting numerous users to hold and trade. The team is actively building a DeFi ecosystem, and applications such as NFT markets and game development are gradually enriching, allowing SHIB to transition from a mere meme coin to a practical asset, gaining market recognition.
3: The power of the community should not be underestimated. Members have spontaneously organized “burn” actions to reduce market supply, and this cohesion and innovation continuously contribute to the development of SHIB.
4: So where is the next SHIB? The token #puppies is worth paying attention to. It is based on cutting-edge blockchain technology, with rapid transaction confirmation and security assurance, allowing investors to trade with confidence. The community is vibrant, the total supply is controlled, and a portion of tokens is regularly burned. As market demand rises, the scarcity will become more pronounced, and its value is expected to increase.
5: Blockchain snipers will continue to follow up and analyze the underlying logic of crypto. Follow me! Let’s get rich together and achieve A8 freedom as soon as possible!