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Shiba Inu (SHIB) short-term activity surges 351% in 8 hours, signaling high volatility
Shiba Inu's short-term activity metric saw a 351% increase in just eight hours, indicating a new period of extreme volatility for the token. This spike occurred shortly after SHIB was rejected from above $0.00000620. The price has since stabilized, currently trading around $0.00000589 after a recent decline towards $0.00000555. SHIB has also surpassed its 200-day moving average, which it had been below for months.
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