The cryptocurrency Shiba Inu (SHIB) is seeing renewed interest and a return to peak levels of open interest, according to data from CoinGlass. Futures traders have committed a total of 13.2 trillion SHIB, indicating positive sentiment in the market. The price of SHIB has been stagnant, but there is speculation of a possible breakout soon. The growth trend for SHIB is not certain, but the involvement of whales and retail traders could sustain momentum. Additionally, there is anticipation within the SHIB community for a Shiba Inu ETF that could change the overall narrative.
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