A Shiba Inu (SHIB) recovery is on the horizon, as recent on-chain data shows that the meme coin’s investors may have cooled off on offloading their tokens. This has reflected positively on Shiba Inu’s price, which is up in the last 24 hours.
Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22.8 billion on June 15 amid a surge in their stock price during June.