Shiba Inu (SHIB) has recently experienced a surge in price, reaching a six-month high.
Positive developments within the Shiba Inu ecosystem, including Shibarium and the token burn mechanism, contribute to the bullish sentiment.
The integration of ShibaSwap into Shibarium and the anticipation surrounding the TREAT token further enhance Shiba Inu's appeal.
Despite recent bearish movements, the sustainability of SHIB's price surge is affirmed, with technical analysis indicators playing a role in determining potential challenges.