Shiba Inu surged nearly 40% to a high of $0.00000582 on Sunday, adding approximately $1 billion to its market capitalization in a single day. SHIB now ranks as the 25th largest cryptocurrency with a market cap of $3.12 billion. Kuro, a prominent SHIB community member from Japan, commented on the rise on X, stating that momentum is building and the world is watching. The 24-hour trading volume spiked 1,245% to $717 million, while the Shibarium blockchain saw a 152% increase in daily transactions. South Korean buying stood out, with SHIB/KRW accounting for $68.99 million in volume on Upbit.
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