Shiba Inu investors can consider this metric before exiting their position

ambcrypto.com:

Meme token Shiba Inu [SHIB] has ticked a high network activity recently. This comes at a time when the entire market is bleeding. Hence, investors are keen on understanding if this movement is just a temporary setup or points towards a bullish surge for SHIB in the coming days.

Shiba Inu has struggled for consistency recently. But one can let go of this considering the hyper volatility in crypto markets especially given the Terra and 3AC crashes. At the height of the crisis, SHIB dropped to as low as $0.0000072 but gradually recovered with the recovering market.

Currently trading at $0.0000098, SHIB is still bullish as compared to its price of 29 June. This is a rare sight in the crypto market, especially after Bitcoin [BTC] fell below $20k again and news of 3AC’s insolvency took charge. So what does it all mean for SHIB- Can we expect a bullish run now?

As per a recent Santiment tweet, network activity on the Shiba Inu network has been on a rise. Furthermore, latest data suggests there is a 35% increase in active addresses in the past 10 days alone. This is a big step forth for the struggling meme token.