Shiba Inu (SHIB) on longest weekly win as golden moment arrives SHIB $SHIB ShibArmy SHIBCommunity
Since July, Shiba Inu has recorded six consecutive weeks of gains due to a steady increase in its price, printing six green weekly candlesticks in a row. If this week closes in the positive, it will be the seventh green week in the crypto asset's epic price surge.
The last time Shiba Inu printed six consecutive weekly candles was in late September 2021, which culminated in all-time highs of $0.000088 in October of the same year.The current weekly win streak did not have the same impact as the aforementioned due to the magnitude of gains and because the market was engaged in lackluster price action.Shiba Inu and a few other outliers have seen their market caps increase in recent weeks as Bitcoin's price performance remained unchanged.
According to Santiment, an on-chain analytics firm, Shiba Inu noticed a rise in social volume as many traders shifted their focus to the crypto asset. SHIB was down somewhat in the last 24 hours to $0.0000104 at the time of writing. In the last seven days, the cryptocurrency has risen 17%.The Blockchain Futurist Conference, Canada's largest and longest-running Web3 event, will begin tomorrow, Aug.
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