Shiba Inu Rebounds: Institutional Backing Fuels Strong Price Recovery

Shiba Inu (SHIB) showcased a strong rebound in the market, defying recent price fluctuations. Despite a sharp drop to around $0.0000143, SHIB investors displayed renewed confidence, fueled by significant institutional buying activity. This resurgence is evidenced by the surge in volume, indicating large buyers rather than individual investors were responsible for the jump. Analysts believe this rebound signifies the start of a potential upward trend.