As the month of July approaches, Shiba Inu (SHIB) has seen a remarkable surge in trading volume, with a staggering 150% increase in the past 24 hours alone. This significant growth has sparked renewed interest in the popular meme token, with many investors eagerly anticipating the potential gains that July may bring.

According to CoinGlass data, the trading volume of SHIB derivatives in a 24-hour period totaled over $40 million, with the total turnover for all SHIB derivatives exceeding $200 million. Additionally, a 50% increase in trading growth was recorded on SHIB spot markets, with a turnover of over $191 million in the last 24 hours.

Historically, July has been a bullish month for SHIB, with a median ROI of 5.3% and consistent double-digit percentage gains over the past two years. As market participants look to capitalize on these trends, the surge in trading volume and renewed attention on Shiba Inu may potentially be linked to its historical performance during this time of the year.

While it remains to be seen if these patterns will continue, the ongoing interest and speculation surrounding Shiba Inu highlight the token's potential for growth and its ability to attract market attention. As the coming weeks unfold, investors will be watching closely to see if SHIB can sustain this momentum and deliver the anticipated gains.