SHIB swiftly gains 10% as traders flock to meme cryptocurrencies ShibArmy SHIBCommunity $SHIB Shibainu
Shiba Inu ended October higher following a surprising rally toward the close of the month. SHIB's price increased by over 30% on Oct. 29 to $0.00001519, the highest price since August 2022. The upswing on Shiba Inu was part of a bigger increase that began on Oct. 25, which caused its price to increase more than 54% within this period.
SHIB retreated shortly after as buyers took profits. Investors took the chance to buy the dip at $0.0000115, which propelled SHIB higher on Oct. 31. At the time of publication, SHIB was changing hands at $0.00001323 while demonstrating a seven-day price gain of 34%., the month of October saw a significant amount of SHIB burned, though still less than usual.
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