The meme coin Shiba Inu (SHIB) has seen a significant increase in trading volume on Binance, with 253 billion SHIB tokens being traded in 24 hours. This surge in volume has surprised the SHIB community, and it is believed that whales and retail traders are opening positions on the exchange. Analysts suggest that if this high volume continues, it could help sustain SHIB's recovery and potentially trigger a new rally. However, caution is advised, as the token still has resistance levels to overcome. The current price of SHIB is $0.00001668, representing a 1.04% increase in the past 24 hours.



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