TL;DR
Despite a downturn at the beginning of October, SHIB recently pumped by 4%, with some analysts predicting a potential 130% rally if key patterns are confirmed.
Shibarium hit 7 million in processed blocks, but it has slowed its progress lately.
SHIB Eyes Another Price Explosion?
The second-largest meme coin made the headlines towards the end of September when its price spiked substantially. Recall that SHIB reached a three-month high while its market capitalization briefly soared above $12.5 billion.
Contrary to the overall expectations of a further rally, October (commonly referred to as “Uptober” by the community) offered pain for the bulls. Shiba Inu was among the many cryptocurrencies heading south, erasing much of the gains recorded last month.
SHIB Price,