Shiba Inu Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (CRYPTO: SHIB) has seen a 3.8% increase in price over the last 24 hours, reaching $0.000024, despite a 6.0% decrease over the past week. Its trading volume rose by 2.0%, and the circulating supply increased by 0.15% to 589.26 trillion, ranking it #12 with a market cap of $14.13 billion.
May 03, 2024 | 7:00 pm
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Shiba Inu's price increased by 3.8% in the last 24 hours, showing a short-term positive movement against a weekly decline of 6.0%. The trading volume and circulating supply have also seen slight increases.
The short-term price increase of Shiba Inu, despite its recent weekly loss, indicates a potential rebound or positive market reaction. The slight increase in trading volume and circulating supply suggests growing investor interest and market activity around SHIB. Given the volatile nature of cryptocurrencies, these indicators can lead to speculative short-term price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100