CandleFocus $206 Million in Shiba Inu in 24 Hours, SHIB Rally Confirmed?
2024-10-16
Author: Content Editor
The trading volume of Shiba Inu (SHIB), a popular meme coin, has surged by 21.21% in the last 24 hours, reaching $206.48 million. The price of SHIB has seen a slight increase of 1.56%, indicating growing interest from the crypto community. Despite a sluggish market, SHIB has defied the odds and experienced a 39.29% growth in the last 30 days. The surge in trading volume suggests a potential price rally, coinciding with a bullish trend in the overall crypto market, particularly with the recent climb of Bitcoin (BTC) to $67,000. Increasing investor confidence in SHIB's price is supported by the recovery mode of the broader crypto market and the expected continued upward momentum of BTC and other altcoins like SHIB.
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