Crypto
Shiba Inu Network Activity Surges 216% Amid Narrow Price Range
The Shiba Inu network has experienced a significant surge in activity, with a 216% increase in its rate of transactions.
Over the past month, 1.6 billion SHIB tokens were added to the network, resulting in this uptick in activity.
Despite the increased activity, the price of SHIB remains within a narrow range of $0.00 to $0.00000515 per token.
The support level for SHIB is currently at $0.00000480, with a potential downside target of between $0.00000460 and $0.00000440.