Shiba Inu (SHIB), a meme cryptocurrency, has seen a significant price surge after a poor start to the month. The price of SHIB has increased by 5.78% in the past 24 hours, sparking bullish sentiment among community members. This comes after a downturn that saw SHIB sink by over 11% at the beginning of October. Despite the challenges faced by the broader crypto market, Shiba Inu's recent performance has reignited investors' hopes, and many anticipate that the rebound will lead to a new all-time high for SHIB this month. The Shiba Inu community has shown resilience and support for the project, including burning SHIB tokens to stabilize the price crash. Investors now hope that bullish sentiment will sustain the price trajectory in the mid- to long-term and potentially lead to a new all-time high.



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