Shiba Inu has recently set a new record for on-chain wallets, indicating increased activity and interest in the meme coin.
The cryptocurrency has experienced a surge in wallet addresses, which analysts believe could signal an upcoming price rally.
Details from recent blockchain data show that Shiba Inu’s wallet count has surpassed previous highs, fueling speculation about a potential market rally.
This development is significant for investors and traders in the crypto space, as increased wallet activity often precedes price movements.
Market experts are watching closely to see if this trend sustains, with many predicting a bullish phase for SHIB in the near future.
Next developments to monitor include upcoming market movements, broader adoption trends, and official announcements from the Shiba Inu community.
