Shiba Inu Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (SHIB) has seen a 3.24% price increase in the last 24 hours, continuing a positive trend with a 5% gain over the past week. Despite the price rise, trading volume has decreased by 23% while the circulating supply increased slightly. SHIB's market cap is ranked #16 at $8.06 billion.
September 13, 2024 | 3:00 pm
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Shiba Inu (SHIB) has experienced a 3.24% price increase in the last 24 hours, continuing a positive trend with a 5% gain over the past week. However, trading volume has decreased by 23%, and the circulating supply has slightly increased.
The 3.24% price increase in the last 24 hours and a 5% gain over the past week indicate positive momentum for SHIB. However, the decrease in trading volume by 23% suggests less investor activity, which could impact future price movements. The slight increase in circulating supply is a minor factor. Overall, the short-term impact is likely positive due to the recent price gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100