$SHIB is getting heavily pushed upward, but investors should keep in mind that it could be temporary
Shiba Inu , the meme-based cryptocurrency, has seen an increase in buying-side volume, indicating that the token is becoming more attractive among investors. This development comes despite the recent drop in the price of SHIB, which investors seem to be less concerned about.
Recently, SHIB experienced a return to the $0.000013 price level, which might have contributed to increased demand for the token. However, other indicators such as large transactions and profitability are currently bearish.Despite these bearish indicators, the buying side volume of SHIB has seen a significant increase, suggesting that investors are becoming more interested in the token.
SHIB is known for its high volatility, as the token's price has experienced several large fluctuations in the past. This has led some investors to approach the token with caution, as its price performance can be unpredictable. However, the recent increase in buying-side volume suggests that investors are becoming more confident in the token's potential.
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