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Why did SHIB and Mini Shiba Inu spark a trading frenzy? Multiple factors driving the meme coin rebound
Recently, SHIB’s performance has indeed been worth paying attention to. After several days of oscillation and adjustment, this meme coin suddenly experienced a significant rebound, with trading volume also surging, and market enthusiasm re-concentrating on the meme coin sector.
The underlying driving logic is actually not complicated
On the surface, this wave of market movement came very quickly, but a closer analysis reveals that several forces are acting simultaneously. On one hand, market sentiment is improving, and long-term holders are beginning to gradually enter; on the other hand, new developments within the SHIB ecosystem are also attracting attention, with derivative projects like Mini Shiba Inu gaining some popularity, all contributing to the upward momentum.
At the same time, from a technical perspective, SHIB rebounded from a low point and broke above a key support level, triggering follow-up buying. The accumulated chips during the downturn have been activated, and the phenomenon of large orders sweeping the market has increased, further strengthening the upward momentum.
The cyclical characteristics of meme coins are once again evident
These types of coins often suddenly explode after a period of silence, and small-cap derivatives like Mini Shiba Inu are even more so—once sentiment shifts, they are easily targeted by capital inflows. The rapid increase in trading volume indicates that off-market funds are entering intensively.
Overall, this rebound of SHIB is not without reason; it is the result of multiple resonances among market psychology, technical factors, and ecological enthusiasm. How the subsequent trend develops will depend on whether this buying momentum can be sustained.