Shiba Inu Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (SHIB) has experienced a 5.82% price drop in the last 24 hours, contrasting with a 27% gain over the past week. Trading volume increased by 160% alongside a slight rise in circulating supply. SHIB's market cap is ranked #15 at $10.82 billion.
September 30, 2024 | 3:01 pm
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Shiba Inu (SHIB) has seen a 5.82% price decline in the last 24 hours, despite a 27% increase over the past week. Trading volume has surged by 160%, and the circulating supply has slightly increased.
The recent 5.82% price drop in SHIB suggests a short-term negative impact on its price. Despite a strong weekly performance, the sudden decline may indicate increased volatility and potential profit-taking by investors. The significant rise in trading volume could also suggest heightened market activity, possibly leading to further price fluctuations.
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