CandleFocus Shiba Inu Bulls Take SHIB to Top of Robinhood and Grayscale Gainers List
2024-09-28
Author: Content Editor
Shiba Inu (SHIB) has seen a remarkable surge in value, reaching a three-month high of $0.00002156. It experienced a growth rate of 52.15% over the past week, making it the best-performing asset among the top 10 cryptocurrencies by market cap. Grayscale and Robinhood have both acknowledged SHIB's impressive performance. Grayscale reported a gain of 32.1% for SHIB, bringing its year-to-date return to 80.6% with a market cap of $12.4 billion. Robinhood also highlighted SHIB as the number one performer on its platform, with a weekly surge of 50.2%. Factors contributing to SHIB's recent uptrend include the increase in total value locked on Shibarium and anticipation of a new utility within the Shiba Inu ecosystem. Despite a slight decrease in value, SHIB is still up 9.94% in daily charts and 46.73% in the past week.
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