Shiba Inu Surges 6% as Meme Demand Returns

Shiba Inu's price has been on the rise, gaining approximately 6% over the past week. This rebound is part of a broader risk-on shift in the market, with meme coins such as Dogecoin also strengthening.

The move has been supported by increased trading volume and participation from buyers. However, sustaining this growth requires continued spot demand rather than social momentum alone.

Shiba Inu's current price is around $0.00000545, and clearing the resistance between $0.00000555 and $0.00000568 could lead to another move towards $0.000006.

AlphaPepe, a new AI-powered DEX token, has also gained attention with its presale Stage 20 nearing sellout after raising over $2.61 million from more than 11,500 holders.