Shiba Inu’s 11.4 Trillion SHIB Open Interest Surge: A Bullish Breakout or a Speculative Hype Trap?
Shiba Inu (SHIB), the Ethereum-based meme cryptocurrency launched in 2020 by the elusive “Ryoshi,” is once again in the limelight. An impressive 11.4 trillion SHIB in futures open interest, roughly valued at $135 million, has triggered excitement among traders, indicating increased market engagement and the possibility of a significant price movement. With SHIB’s price around … Read more