Open interest in SHIB futures rose to a one-month high

Increased interest in Shiba Inu (SHIB) in the futures market signals that investors are preparing for the altcoin’s rise.
The amount of open contracts increased to $14.68 million, as evidenced by data from the Coinglass platform. A similar situation was observed in early June before the SHIB spurt to $0.00000783.
On Tuesday night, July 11 Shiba Inu rose to $0.00000766. The cryptocurrency has a capitalization of just over $4.519 billion.

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