Global #Shiba Inu

Move over Dogecoin and Shiba Inu, there's a new frog in town – and it's hopping mad (with joy)! The memecoin Pepe defied the recent crypto slump this weekend, experiencing a surge in trading while the rest of the market remained stagnant.

Crypto investor Crypto King defends Shiba Inu, emphasizing its strong market presence and growth potential despite ongoing criticisms.

The meme coin craze, which has resurged in recent weeks, experienced a significant downturn after a live stream by Keith Gill, also known as "Roaring Kitty." Gill, famous for his role in the 2021 GameStop short squeeze, hosted his first live stream in three years, attracting over 600,000 viewers eager for his insights.

In recent months, many new memecoins have emerged and gained substantial popularity. Despite these new tokens capturing a significant portion of the market share, Shiba Inu (SHIB) has continued to grow.

Crypto analyst Thescalpingpro has advised investors to buy Shiba Inu (SHIB) during its current dip, suggesting that this might be the last chance to purchase SHIB before a potential price increase. At present, Shiba Inu is trading at $0.00002529, reflecting a 1.43% drop for the day and a 2.18% decrease over the past week.

Amid the ongoing craze surrounding meme-inspired cryptocurrencies, a significant investor has recently been accumulating Shiba Inu ($SHIB) tokens in large quantities.