Shiba Inu Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (CRYPTO: SHIB) has seen a 3.65% decrease in price over the last 24 hours, continuing a negative trend with a 6.0% loss over the past week. The trading volume has decreased by 90.0%, and the circulating supply has decreased by 7.62%. SHIB's market cap ranking is now #11 at $18.96 billion.
March 12, 2024 | 3:02 pm
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NEGATIVE IMPACT
Shiba Inu (SHIB) has experienced a 3.65% price decrease in the last 24 hours and a 6.0% decrease over the past week, with a significant 90.0% drop in trading volume and a 7.62% decrease in circulating supply.
The significant decrease in SHIB's price over both the last 24 hours and the past week, combined with a drastic drop in trading volume and a decrease in circulating supply, suggests a negative short-term impact on its price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100