SHIB gained 7.29% in October, with key resistance between $0.000024 and $0.000030.
On October 16, SHIB bulls, accounting for 1% of the 24-hour trading volume, procured a massive 2.95 trillion SHIB tokens at an average price of $0.00008 per token. This surge in buy volume on October 16 accounts for approximately 0.5% of Shiba Inu’s circulating supply, signaling growing interest from market participants.
Despite rising sell volumes, the excess demand of 81.41 billion SHIB supported the bullish momentum.
Shiba Inu (SHIB) bulls experienced a strong resurgence in October, purchasing 2.95 trillion tokens worth $53 million, leading to a recovery and flipping the month into the green.
