Shiba Inu Rises More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Shiba Inu (SHIB) has seen an 8.03% price increase in the last 24 hours, with a weekly rise of over 2%. Trading volume surged by 107% over the week, while circulating supply decreased by 0.48%. SHIB's market cap is ranked #14 at $11 billion.

October 29, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Shiba Inu (SHIB) has experienced a significant price increase of 8.03% in the last 24 hours, with a notable rise in trading volume by 107% over the past week. The circulating supply has slightly decreased by 0.48%, and the market cap is now $11 billion, ranking it #14.
The 8.03% price increase in 24 hours, combined with a 107% rise in trading volume, indicates strong market interest and potential for further short-term gains. The decrease in circulating supply may also contribute to upward price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100