Shiba Inu Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu's (CRYPTO: SHIB) price has decreased by 3.41% over the past 24 hours to $0.0000090, contrary to its performance over the past week where it experienced an up-trend of 6.0%. The trading volume for the coin has risen 56.0% over the past week, while the circulating supply has decreased 0.03% to 589.34 trillion. The current market cap ranking for SHIB is #15 at $5.31 billion.
August 07, 2023 | 3:00 pm
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Shiba Inu's price has decreased by 3.41% over the past 24 hours, despite a weekly uptrend of 6.0%. The trading volume has risen 56.0% over the past week.
The decrease in Shiba Inu's price over the past 24 hours, despite a weekly uptrend, indicates a potential short-term bearish trend. The increase in trading volume suggests heightened interest, which could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100