Shiba Inu (SHIB) Price Surges 25% in Last 24 Hours as Market Overcome Bears
https://ift.tt/HzZsqP0
- XRP, a cryptocurrency linked to Ripple, has gained 10% in the last day.
- Today’s high for Bitcoin was $43,000, a 30.5 percent increase from the previous low.
CoinMarketCap statistics show that the Shiba Inu cryptocurrency has jumped over 25% in the last 24 hours. The trade volume of the canine currency has also increased by 244 percent, reaching $2.7 billion. It is the sixth most popular cryptocurrency globally (behind only Tether, Bitcoin, Ethereum, Bitcoin Cash, and Binance USD). Coinbase, the most popular cryptocurrency exchange in the United States, ranks Shiba Inu third.
Bullish Momentum Sweeps Market
Shiba Inu has risen to the 14th position in the market capitalization rankings thanks to a recent price hike, overtaking Polygon (MATIC). Despite the recent surge in the meme coin’s price, it is still down 67.47 percent from its all-time high of $0.0001. Even so, the Dogecoin competitor has gained 72 percent since its multi-month low of $0.00001704.
Today’s high for Bitcoin was $43,000, a 30.5 percent increase from the previous low of $32,950. It has dropped by 37.95 percent amid the recent market fall from its record high. Recent price increases in Bitcoin have lifted the whole cryptocurrency market. XRP, a cryptocurrency linked to Ripple, has gained 10% in the last day. After topping $3 trillion in November, the market capitalization of the whole cryptocurrency industry is presently nearing $2 trillion, a 2.99% increase over the last day.
According to CoinMarketCap, the Shiba Inu price today is $0.000028 USD with a 24-hour trading volume of $2,853,983,819 USD. Shiba Inu has been up 23.43% in the last 24 hours. The current CoinMarketCap ranking is #14, with a live market cap of $15,324,313,462 USD.
Cryptocurrency
