🚀BTC enthusiasts, listen up! Shiba Inu (SHIB) is on a roll, trading at $0.00000980, up 23.89% from its August 4 low of $0.00000791, making it the second biggest weekly gainer after Rollbit Coin (RLB) 📈. Among coins with market caps over $1 billion, SHIB is the top performer!

However, some analysts warn that SHIB's good run might fizzle out 😕. Its Relative Strength Index (RSI) indicates that the meme coin is hitting the overbought zone, which could lead to market corrections. Additionally, SHIB's Market Value to Realized Value ratio (MVRV) is near the 15% "danger zone" threshold, which, if crossed, could cause a price drop.

In other news, SHIB's lead developer, Shytoshi Kusama, has announced a meme contest 🎨 ahead of the Blockchain Futurist Conference in Toronto. The contest challenges SHIB users to create memes showing that SHIB.io is better than X (formerly known as Twitter). The winner will receive $250 worth of BONE tokens and a Shibacals-branded grab bag 🎁. Let the meme battle begin!