Shiba Inu Price Upturns – Rally Incoming? Wall Street Memes Rising

• Shiba Inu ($SHIB) has rebounded, rising over 9% in the past day.
• Wall Street Memes ($WSM) presale has now raised over $26 million and entered its final stage.
• CoinMarketCap data shows an 18% increase in trading volume and CoinGecko sentiment analysis reveals that more than 73% of users are “feeling good” about the token’s prospects.

Shiba Inu Price Upturns – Rally Incoming?

After a bearish wave since August 12, Shiba Inu ($SHIB) has rebounded, rising over 9% in the past day. The $SHIB price is now hovering around $0.0000082, erasing a significant portion of the losses made over the preceding seven days.

Wall Street Memes Gaining Traction

At the same time, the new meme coin Wall Street Memes ($WSM) continues gaining traction in its presale, which has now raised over $26 million and entered its final stage.

Trading Volume Increasing

CoinMarketCap data shows an 18% increase in trading volume for Shiba Inu ($SHIB), while CoinGecko sentiment analysis reveals that more than 73% of users are “feeling good” about the token’s prospects.

Possible Rally Ahead

These positive signs point to a potential rally in the short term – which will be music to the ears of $SHIB holders.

Lack of Price Catalyst

Interestingly, there isn’t a fundamental catalyst driving this rally just yet; it appears to be purely technical momentum pushing prices higher at this stage.