Shiba Inu Social Activity Grows As SHIB Attracts Coinbase’s Investors With 83% Longs.

For a good reason, Shiba Inu remains in the spotlight, as recent Coinbase trading activity shows that many wallets are acquiring more SHIB tokens. Additionally, the dog-themed token is trending across major social media platforms, including Twitter, due to a 15% price surge in the past 24 hours.

The dogecoin killer almost broke through the daily chart’s most critical resistance level at $0.00001215. Unfortunately, the SHIB token could not conquer the level and retreated immediately to $0.00001121. However, Shiba Inu is poised for a potential breakout until and unless it remains above the $0.00000902 critical support level.

Shiba Inu Attracts Coinbase Investors

Coinbase, the leading American exchange data, also confirms that more investors are interested in buying the second most popular dog-themed cryptocurrency in the past 24 hours.

83% of its users have increased their net long positions over the past 24 hours. According to Coinbase, the increase in buying activity suggests that the asset is gaining popularity.

The 15th-ranked crypto asset is trading at $0.00001184, with a 5.94% increase in the past 24 hours.

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