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SHIB, the 2nd-largest meme cryptocurrency by market cap, experienced a 14% surge at some stage in the last five days, rising from $0.000013 to $0.00001478. This bullish rally used to be likely driven by the broader market recovery following the U.S. Federal Reserve’s 0.5% fee cut. The Shiba Inu stamp displays signs of a attainable prolonged recovery, supported by this double-bottom reversal pattern.
