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This surge in trading volume indicates a significant rise in buying and selling activities as traders react to the current market conditions. The dramatic increase in volume suggests heightened interest and engagement with SHIB, even as the broader cryptocurrency market experiences a substantial sell-off.
The Bitcoin and cryptocurrency sell-off further accelerated after Keith Gill known as Roaring Kitty hosted a highly anticipated YouTube livestream for the first time in several years. GameStop shares fell, impacting a barrage of meme coins: Dogecoin is down by 10% over the past 24 hours, Shiba Inu has fallen by 8% in the said time frame, and Pepecoin off 11%.'s trading volume may be varied.