Global #meme coin

Shibarium, the Layer-2 blockchain supporting the popular meme coin Shiba Inu [SHIB], is observing a significant decline in transaction activity.

While the GameStop frenzy appears to be calming down, Bitcoin's price is experiencing a significant surge today. The largest cryptocurrency by market capitalization is now at its highest level in three weeks, reaching $65,872, as reported by CoinGecko.

Shiba Inu’s (SHIB) price is looking for support from broader market trends and its investors to reverse the current downtrend. This shift might occur soon, as SHIB holders have moved from selling to holding their assets.

Shiba Inu (SHIB) and Floki (FLOKI) struggled to match the impressive gains seen in Pepe (PEPE).

Pepe [PEPE] could be on the verge of reclaiming the spotlight as it nears its previous all-time high. A bullish pattern has emerged on its chart, suggesting strong potential for the meme coin to surpass its ATH.

It was anticipated that the price of Shiba Inu (SHIB) would rise by 43% before the meme currency succumbed to general market pessimism.