Shiba Inu Rises More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (SHIB) has risen by 6.95% in the past 24 hours, continuing a positive trend with a 13% gain over the past week. Despite the price increase, trading volume has fallen by 45% over the past week, while the circulating supply has increased slightly by 0.06%. SHIB's market cap is currently ranked #13 at $10.85 billion.
July 15, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Shiba Inu (SHIB) has seen a 6.95% price increase in the past 24 hours and a 13% gain over the past week. However, trading volume has decreased by 45% over the past week, while the circulating supply has increased slightly by 0.06%. SHIB's market cap is now $10.85 billion, ranked #13.
The 6.95% price increase in the past 24 hours and a 13% gain over the past week indicate positive momentum for SHIB. However, the 45% decrease in trading volume could signal potential volatility or a lack of sustained interest. The slight increase in circulating supply and the high market cap ranking (#13) are also notable factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100