78 Billion Shiba Inu Netflow Triggers Brief Price Recovery
Photo: U.Today
The broad crypto market is regaining momentum and Shiba Inu is also having its own share of the rally as sentiments appear to be flipping bullish once again. Amid the broader market resurgence, data from crypto analytics platform CryptoQuant shows that demand is returning to the Shiba Inu ecosystem. Notably, the data shows Shiba Inu bull traders are taking over its exchange activity as its netflow shows a substantial decline of over 5%, now sitting at -78,761,600,000 SHIB as of October 16.
Source: U.Today
