As Bitcoin (BTC) surpasses crucial resistance zones and rises above the $52,000 threshold, the broader cryptocurrency market is starting to benefit from its gains.
Finbold’s cryptocurrency market analysis highlights six digital assets that have recently experienced notable price shifts, increased investor attention, or significant developmental advancements.
This week’s selections present appealing investment prospects, particularly for traders seeking entry opportunities below $0.01 per coin or token.
Shiba Inu (SHIB)
One of the most popular meme coins, Shiba Inu (SHIB), has experienced a significant price increase, which can be justified by the rising number of transfers on its network, Shibarium.
Based on on-chain data from Shibariumscan, daily transactions surged from approximately 530,000 on February 9 to around 1.8 million on February 14. This represents a significant increase of nearly 240% in just a few days.
Number of SHIB’s daily transactions. Source: Shibariumscan
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