‘Dogecoin Killer’ Shiba Inu SHIB/USD is demonstrating resilience with a 1% gain amid a notable surge in its daily transactions and whale activities.

The Shib community and analysts anticipate positive momentum for the token.

What Happened: The meme coin leaderboard continues to show strength with a 5% increase in market capitalization over the past 24 hours, with Dogecoin and Shiba Inu leading the pack.

However, Shiba Inu’s key metrics have until recently shown a downtrend. Here are the recent highlights indicating the token’s resurgence:

Shibariumscan shows transactions have surged to 412,270 as of March 25, compared to 66,880 on March 24. This marks the first time transactions… Read more on Benzinga