Shiba Inu Rises More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (SHIB) has risen 5.73% in the past 24 hours, continuing its positive trend with an 18.0% gain over the past week. Trading volume has increased by 88.0%, while the circulating supply has decreased slightly. SHIB's market cap is now $11.23 billion, ranking it #13.
July 16, 2024 | 3:01 pm
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POSITIVE IMPACT
Shiba Inu (SHIB) has seen a 5.73% price increase in the past 24 hours and an 18.0% gain over the past week. Trading volume has surged by 88.0%, while the circulating supply has slightly decreased. SHIB's market cap is now $11.23 billion, ranking it #13.
The significant price increase and trading volume surge indicate strong investor interest and positive sentiment towards SHIB. The slight decrease in circulating supply also suggests a potential reduction in selling pressure. These factors are likely to drive the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100