Shiba Inu (SHIB) rose 6.76% on Thursday, but it trailed a market-wide rebound that lifted Ethereum 17.8% and Bitcoin 8.1%. The project’s official account claimed credit for the bounce, while broader flows pointed to a wider crypto rally, according to BeInCrypto, after total market value reached about $2.34 trillion and $1.23 billion in shorts were liquidated within an hour. SHIB traded at $0.00000477, still 61.2% below a year ago and about 94% under its October 2021 peak.