The open interest in Shiba Inu futures has increased by over 6% in the past 24 hours, with over 9.2 trillion SHIB tokens now committed in the futures market. Gate.io has the largest exposure in the market, followed by Bitget, OKX, CoinEx, and BingX. This surge in open interest indicates that futures traders are optimistic about the coin's potential to rebound. Despite its volatility, Shiba Inu still has positive adoption sentiment. The current price of the meme coin is $0.00001308, with a 1.04% increase in 24 hours. The coin is expected to see further growth with the sustained open interest trend. Shiba Inu has experienced fluctuations within its ecosystem, including a drop in Shibarium transaction count, but core growth metrics such as the burn rate have shown confidence in its long-term prospects.



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