Shiba Inu's Price Increased More Than 15% Within 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (CRYPTO: SHIB) experienced a significant price increase of 15.03% in the last 24 hours, reaching $0.000037. This surge is part of a larger trend, with SHIB seeing a 163.0% gain over the past week. The trading volume for Shiba Inu has also risen by 165.0%, with the circulating supply increasing by 0.79% to 589.28 trillion. Currently, SHIB's market cap ranks it as the 11th largest, valued at $21.74 billion.
March 08, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Shiba Inu (SHIB) has seen a remarkable 15.03% increase in price over the last 24 hours, contributing to a 163.0% gain over the past week. The trading volume has also surged by 165.0%, with the circulating supply growing to 589.28 trillion. SHIB's market cap now places it as the 11th largest, at $21.74 billion.
The significant price increase and trading volume surge indicate strong market interest and positive momentum for Shiba Inu. The increase in circulating supply suggests more SHIB tokens are being moved, potentially indicating increased trading activity. The rise in market cap ranking reflects the growing investor confidence and market valuation of SHIB.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100