Shiba Inu is regaining bullish momentum after a brief price correction, as traders heavily bet on a further rise in SHIB’s price. Open interest surged by 19.28% in 24 hours, with over 10.74 trillion SHIB tokens committed to derivative markets across all major exchanges. The meme token continues to trade above the key $0.000005 level, which it reclaimed during last month’s massive price rally. Market momentum remains strong and could drive SHIB to eliminate another zero from its price.
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