Shiba Inu (SHIB) Surges on Dogecoin (DOGE) Momentum, Whale Activity, and DAO Launch Hype

Shiba Inu (SHIB) is experiencing a price surge fueled by a combination of factors: a large whale transaction, the upcoming launch of the Shiba Inu Decentralized Autonomous Organization (DAO), and the broader meme coin rally driven by Dogecoin. While the coin has seen gains, on-chain data suggests a decrease in large transactions and daily active addresses, potentially indicating short-term volatility.

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