In the shadow of the market’s abyss, Shiba Inu, that humble canine, ascended with a 1.84
Shiba Inu has proven to be surprisingly strong in the futures markets. The meme token beat Bitcoin and XRP in the daily growth rates. Such a shift represents a major shift in trader sentiment. 🤯📈 SHIB open interest increased by 1.84
Several websites recorded favorable increases in the open interest of Shiba Inu. According to TheCryptoBasic on X, MEXC was the highest-gaining with a 37.69
Not every exchange was moving in an upward direction. KuCoin experienced the highest fall by 44.53. Bitunix also fell by 11.79 percent in the same window. 🚩📉 Trader positioning is pessimistic in terms of downside. The long to short ratio is 1.0555, with 51.35
The revived momentum is more understandable in comparison with the leading cryptocurrencies. TheCryptoBasic on X wrote that Bitcoin open interest between 2019 and 2020 decreased by 1.14, whereas XRP decreased by a stiff 2.3
This comparison points to the changing market forces. Bitcoin and XRP experienced less speculative pressure, and these assets tend to be sought by more serious investors. 🧑💼📉 The open interest spurt is an indicator of increasing speculation. Such fresh activity was immediately reflected in the price performance, as SHIB was up 3.21
You might also like: Exodus Partners MoonPay, M0 for Digital Dollar 🚀 SHIB had risen to $0.000007239 on TheCryptoBasic on X. The meme token was better than Bitcoin and XRP, whose two heavyweight assets registered slight gains of 0.92 and 1.18, respectively. 🐶💰 SHIB has bounced back 3.53 percent from its low value on December 19 and still stands 27.6 percent below its 0.00001 mark. On November 11, Shiba Inu last traded close to that level. 📉📈 There are a number of reasons that support possible upside momentum. The proposed CLARITY Act has the potential to offer regulatory clarity. The adoption of the Fully Homomorphic Encryption technology by Shibarium provides development power. There is increased speculation about an independent ETF that builds interest among investors. 🧠💡 The strength of the derivatives market, along with the presence of bullish catalysts, puts SHIB in a good position. Follow-up momentum could be experienced up to 2026 as traders gain confidence in various exchanges. 🚀📅 2025-12-26 17:36Exchanges Fuel SHIB’s Explosive Rally
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