Shiba Inu's Price Increased More Than 10% Within 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (CRYPTO: SHIB) experienced a 10.19% price increase over the past 24 hours, continuing a positive trend with a 9.0% gain over the past week. The trading volume for SHIB has increased by 133.0%, while its circulating supply slightly decreased by 0.04%, resulting in a current market cap ranking of #19 at $6.25 billion.
February 27, 2024 | 7:00 pm
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POSITIVE IMPACT
Shiba Inu (SHIB) has seen a significant price increase of 10.19% in the last 24 hours, with a 9.0% gain over the past week, and a notable increase in trading volume by 133.0%.
The significant price increase and trading volume surge indicate strong investor interest and market momentum for Shiba Inu. The slight decrease in circulating supply could also contribute to the price increase due to reduced availability. These factors combined suggest a positive short-term impact on SHIB's price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100