Why is SHIB up 35%? Shiba Inu rockets higher as S.Korean traders lead mystery rally

Shiba Inu surges 36% as South Korean traders fuel rally

Shiba Inu +36% from Korean retail; Upbit SHIB volume ($4.25M) nearly matched Binance's, exposing extreme regional concentration. Risk: Korea's regulatory capacity and declining memecoin dominance suggest momentum positions face rapid unwinding without fundamental catalysts.