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Shiba Inu FOMO Kicks In With 23% SHIB Price Surge, What’s Next?

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Summary
Nutrition label

62% Informative

Shiba Inu ( SHIB ) has surged 43% in nine days , fueled by strong on-chain activity, increased whale transactions.

Derivatives data reveals a 65% increase in open interest, reaching over $60 million .

The surge in daily trading volumes is reminiscent of the 2021 mega bull run, reminiscent of its 2021 bull run.

As of press time the SHIB price is trading at $ 0.00001901 with a market cap of $11.3 billion making it the 13th largest cryptocurrency in the market.

VR Score

37

Informative language

21

Neutral language

53

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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