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Mar 05, 2024
By: Bhumi Shrivastava
Shiba Inu's recent surge in trading volume and market cap has propelled it to become the third most traded cryptocurrency globally.
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Bitcoin's bullish trend has influenced the rise of other cryptocurrencies like Ethereum and Shiba Inu, driving up their trading volumes.
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Anticipation of the upcoming Bitcoin halving event in April 2024 is fueling optimism in the cryptocurrency market, driving prices higher.
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Experts predict continued growth in the cryptocurrency market in the next 60 days, with Shiba Inu poised to benefit from Bitcoin's trajectory.
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Despite recent gains, Shiba Inu remains subject to market volatility, as seen in its fluctuations from its all-time high.
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At present, Shiba Inu is trading at $0.00002541, with a 20% increase in the last 24 hours, reflecting its dynamic nature within the cryptocurrency landscape.
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