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Analysts say these reasons were behind Shiba Inu’s (SHIB) 300% rise last month

In a crypto version of a dog agility show, Elon Musk helps SHIB to jump and stay on point.

Analysts say these reasons were behind Shiba Inu’s (SHIB) 300% rise last month

Image by Thorsten Schulze from Pixabay

Shiba Inu (SHIB) price saw another impressive recovery on Monday, as Elon Musk tweeted dog text art and whale transactions stacked up.

Is another dramatic spike, similar to the one in May, in the stars for the Dogecoin killer? The handler “This week shows that retail fervor is returning to the market, which could bode well for price action across the entire space in Q4.

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