What Happens When Shiba Inu (SHIB) Trading Volume Spikes to $45 Billion

When Shiba Inu (SHIB) trading volume spikes to $45 billion in just days, and Chainlink (LINK) market news points to growing adoption

Shiba Inu (SHIB) trading volume has spiked to $45 billion in just ten days, as the crypto meme token experiences a surge in activity. The price of SHIB is currently trading at $0.0000134, and it has been ranging between $0.000010 and $0.000015 over the past month.

As Bitcoin continues to approach the $99,000 mark, meme tokens are making a comeback, and Shiba Inu is no exception. With its large and active community, SHIB is known for its potential for massive price movements.

Earlier this year, Shiba Inu faced a setback when its Layer-2 network, Shibarium, encountered technical difficulties during its launch. However, the network has since recovered, and SHIB's price has shown signs of resilience.

Despite the recent price decline from the 2024 highs of $0.0000155, which could lead to a drop to $0.000010, Shiba Inu's price remains relatively high compared to the lows of $0.000002 that it hit during the 2022 bear market.

SHIB's community is a key factor driving its value. With millions of passionate supporters, Shiba Inu has managed to stay afloat even during periods of inactivity in the broader crypto market.

Moreover, SHIB is being used in interesting ways, such as by a major DAO to pay for Chainlink (LINK) services. This integration of SHIB in a decentralized autonomous organization (DAO) further expands the token's utility beyond meme status.

Here's a summary of today's Chainlink (LINK) market news:

Chainlink (LINK) price is showing promise with a recent push above $16, fueled by growing interest in real-world asset tokenization and Chainlink's role in it.

Institutions are increasingly turning to Chainlink to bring valuable off-chain data on-chain, a core strength of the network.

The spotlight is also on Chainlink's Cross-Chain Interoperability Protocol (CCIP), which is being adopted for its ability to perform cross-chain messaging and value transfer.

With partnerships like the one with AnChain.AI to detect crypto fraud and integrations with major blockchains, Chainlink is collecting attention.

Overall, Chainlink (LINK) token price is showing signs of recovery after a relatively quiet period, putting it back in the focus of investors interested in the older generation of altcoins.

As the leading decentralized oracle network, Chainlink plays a crucial role in facilitating the flow of external data into smart contracts. This functionality is becoming increasingly important for institutions looking to tokenize assets like equities, commodities, and real estate.

In a recent partnership with AnChain.AI, Chainlink is integrating the latter's anti-money laundering (AML) and fraud detection technology into its ecosystem. This collaboration will equip Chainlink's CCIP with advanced capabilities for scanning transactions and identifying suspicious activity.

Institutions are increasingly engaging with blockchain technology to tokenize assets and expand the potential of DeFi protocols. However, this integration requires a secure and reliable bridge between traditional financial systems and decentralized protocols, which is where Chainlink's technology comes into play.

Chainlink's CCIP is a fundamental component of this integration, enabling seamless messaging and value transfer across different chains. This interoperability is crucial for unlocking the full potential of Web3 and expanding its reach to a wider audience.

As interest in LINK and its new use cases continues to rise, the spotlight is shifting to Unstaked, a project that is approaching the final stages of its presale.

Unstaked stands out with its unique approach to usable AI, in contrast to the speculative models like Render and TAO, which are currently the subject of hype. Unstaked's autonomous AI agents are designed to run social communities, drive engagement, and generate content, all verifiable through its Proof of Intelligence system.

The entire system is powered by $UNSD, creating a feedback loop of utility and value. With its token price at $0.00848 and stage 10 of the presale already completed, Unstaked is being called the AI Layer of Web3.

If Unstaked hits its minimum price target of $7 by 2030, it could move into the top 30 coins with a market cap of over $20 billion.

Here's a closer look at Unstaked:

Unstaked is letting users deploy autonomous AI agents to run social communities, drive engagement, and build influence, capable of managing multiple accounts at once.

The project's tokenomics are built for long-term survival, not short-term gains. There are no private sales, which means no early dumps.

Unstaked has locked liquidity and logs every action by its AI agents transparent