Shiba Inu (SHIB) saw a 4% increase in 24 hours, coinciding with an increase in large transaction volume. Updates to the Shibarium network, SHIB's second scaling layer, could attract more users and investments. Daily transaction volume exceeding $100,000 is approaching the mark $100 million, an increase of 268% since April 29. Large purchases could reduce the number of tokens available and increase the price as demand increases.