Shiba Inu (SHIB) sees 84% growth in short-term traders as big price shift looms SHIB $SHIB ShibArmy SHIBCommunity
Additional new use cases offered by innovations such as ShibaSwap, Shibarium, Shiba Eternity and the like may have played a vital role in the continual growth of hodlers, as these long-term addresses may have wanted to keep their holdings to benefit from these innovations.The volatility indicator from IntoTheBlock measures price fluctuations for a certain crypto asset. The current volatility of Shiba Inu is 70.24%. July 1 saw the highest volatility in the last 30 days, at 75.72%.
Large jumps in volatility usually indicate a trend reversal. Thus, periods of extremely high volatility may be an indicator of the price potentially reverting its direction to the mean. Meanwhile, low volatility tends to indicate an impending significant breakout in either direction.
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