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The overall sentiment in the cryptocurrency market suddenly improved, contributing to the positive movement of various digital assets, including SHIB. Large holders, often referred to as"whales," have shown increased activity, triggering a 197% inflow surge for SHIB, according to, the pseudonymous Shiba Inu project lead, made his first public appearance at the IVS conference in Kyoto. Photos and videos of Kusama captured by the SHIB community soon spread on social media.
Kusama visited the Shiba Inu booth and mingled with the Shiba Inu community and other crypto fans, but did not reveal his identity. The enigmatic Shiba Inu lead wore a black haori samurai costume and a Batman-style mask. This enthusiasm in the Shiba Inu community might have also spurred renewed interest in SHIB.makes a rebound, the market is closely watching SHIB charts for key levels that might depict the next price movement.
However, for SHIB to maintain its upward trajectory, the broader cryptocurrency market needs to continue its positive momentum. A stable or bullish market environment will be crucial for SHIB's sustained growth.If the SHIB price sustains its current rebound, it will confront its next big hurdle between $0.000015 and $0.000019, where 433.96 trillion SHIB are being held by 83,560 addresses, according to IntoTheBlockTomiwabold is a cryptocurrency analyst and an experienced technical analyst.