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Shiba Inu surges 22% in a week, fueled by South Korean trading activity and rising speculative interest.

Market News
27 Jul 2026
Benzinga
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) cryptocurrency jumped to a two-month high, rising 22% over the past week. The surge was driven by increased trading volume, particularly on South Korean platforms like Upbit, which saw higher activity than Binance and Coinbase. Speculative interest also grew, with SHIB futures open interest up 64% in a week. Despite a slight pullback, SHIB's rally highlights renewed optimism and active trading in the memecoin market.

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