Shiba Inu Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (CRYPTO: SHIB) has seen a 4.37% increase in price over the last 24 hours, reaching $0.0000093. Over the past week, the cryptocurrency has risen over 13%, with a significant increase in trading volume of 139% and a slight increase in circulating supply. SHIB's market cap is currently ranked #18 at $5.47 billion.
December 05, 2023 | 3:00 pm
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POSITIVE IMPACT
Shiba Inu (SHIB) has experienced a significant price increase and surge in trading volume, indicating heightened investor interest and potential for continued short-term momentum.
The substantial increase in SHIB's price and trading volume, along with its stable market cap ranking, suggests a positive investor sentiment that could lead to further short-term price appreciation. The increase in circulating supply is minimal and unlikely to dampen the current momentum.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100