Sharp rise Shiba Inu Coin in the last 24 hours, the coin price saw a period of extended stagnation while most of the cryptocurrency market rallied. However, this stagnation proved to be an accumulation and was followed by explosive price action. While this sudden uptick failed to sustain, SHIB is currently attempting to climb to its intended target for the second time. Shiba Inu price is making a comeback as ShibaSwap Decentralized Exchange (DEX)’s weekend rewards are nowhere to be seen. The rewards are obtained by a part of the transaction fees being converted and sent to TreasureFinder. This conversion method applies to any swap on the DEX, and the rewards are distributed at the end of every week. Last week’s rewards, however, were delayed as the developers announced the reason for this delay in the official Discord server for Shiba Shiba Inu price is making a comeback as ShibaSwap Decentralized Exchange (DEX)’s weekend rewards are nowhere to be seen. The rewards are obtained by a part of the transaction fees being converted and sent to TreasureFinder. This conversion method applies to any swap on the DEX, and the rewards are distributed at the end of every week. Last week’s rewards, however, were delayed as the developers announced the reason for this delay in the official Discord server for Shiba Inu. The coin price rose roughly 43% between August 6 and August 8 but retraced almost 23% in the next 24 hours. While this run-up was ephemeral, SHIB gathered steam as the bulls pushed its market value higher. Despite the Momentum Reversal Indicator (MRI) flashing a sell sign in the form of a red ‘one’ candlestick on the 12-hour chart, Shiba Inu price rose past it and is currently grappling with the 50% Fibonacci retracement level at $0.00000871.
