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Cryptopotato
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Shiba Inu (SHIB) Soars by 16% Daily: What Drives the Surge?
- Shiba Inu (SHIB) has experienced a 16% surge in its price in the past 24 hours.
- The price rise is potentially driven by the upcoming launch of Shiba Inu's DeFi platform, Shib Finance.
- A decrease in the amount of Shiba Inu stored at exchanges indicates a shift towards self-custody methods.
- However, the Relative Strength Index (RSI) suggests a potential correction may be on the horizon.
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