Shiba Inu (SHIB) Price Recovery: 3 Factors Driving the Bullish Move
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Mar 12 2025Shiba Inu's Price Rally: Shiba Inu (SHIB) has experienced a 5% increase in the last 24 hours, attributed to a broader crypto market rebound and the resurgence of its layer-2 blockchain solution, Shibarium, which processed nearly 250,000 transactions recently.
Market Influences: The upcoming US CPI data and potential peace talks regarding Ukraine may impact market sentiment, influencing whether SHIB's bullish momentum continues or reverses in the near future.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
