Shiba Inu Bolstered by Strong Q3 Close and Historic Win Rate
Shiba Inu (SHIB) has entered October with a notable momentum after closing its strongest third quarter on record.
CryptoRank data shows that SHIB's historical win rate in October stands at 80%, indicating a strong trend for the cryptocurrency.
The volume of large transactions above $100,000 has increased by 14.8% over the past seven days, further underscoring the asset's bullish sentiment.
However, investors are also keeping a close eye on Bitcoin and potential direction changes, as well as the first levels of resistance where profit-taking may occur.