CandleFocus Shiba Inu (SHIB) Skyrockets 203% in Volume as Price Makes Massive Breakout
2024-09-26
Author: Content Editor
The cryptocurrency Shiba Inu (SHIB) has seen a massive surge in trading volumes, increasing by 203% as its price breaks out. This surge follows a period of consolidation, attracting attention from traders and analysts. In the past 24 hours, SHIB's trading volume reached $665,513,196 or 38.95 trillion SHIB, with its price rising by 13.69% to $0.00001699. The breakout has sparked renewed interest and buying pressure on major exchanges. Positive sentiment around upcoming developments in the Shiba Inu ecosystem, technical factors, and overall optimism in the cryptocurrency market may be contributing to the rally. However, there is a significant barrier at the current trading price of around $0.000019, where a large number of SHIB are held by many addresses.
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