Shiba Inu (SHIB) is a cryptocurrency and operates on the Ethereum platform. Shiba Inu has a current supply of 589,504,410,661,524.64083023 with 589,250,281,407,765.36767588 in circulation. The last known price of Shiba Inu is 0.00001371 USD and is up 1.83 over the last 24 hours. It is currently trading on 959 active market(s) with $233,614,623.23 traded over the last 24 hours. More information can be found at https://shibatoken.com/.
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Shiba Inu (CRYPTO: SHIB) is up 6%, with its soaring burn rate fueling speculation of a bullish trend ahead. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001371 $8.08 billion +6.4% +17.8% Dogecoin (CRYPTO: DOGE) $0.1844 $27.5 billion +11.5% +20.9% Pepe (CRYPTO: PEPE) $0.059231 $3.88 billion +11.8% +29.7% Trader Notes: Crypto trader AllInCrypto identified a falling wedge pattern on SHIB's chart, a formation often signalling an upcoming reversal.
The memecoin Shiba Inu (SHIB) is showing encouraging signs of recovery with an 8.6% growth over the past seven days. While Bitcoin continues to lead the bullish cryptocurrency market, SHIB is attempting to break through a major technical resistance that could determine its trajectory for the weeks to come.
These last two days were definitely something to enjoy for the holders of popular meme-inspired cryptocurrency Shiba Inu (SHIB). With the crypto market feeling revival, thanks to Bitcoin (BTC), the price of SHIB soared by over 11%, printing massive green candles on its chart.
As Shiba Inu (SHIB 9.98%) approaches the fifth anniversary of its August 2020 launch, it stands as a surprising success story in the volatile cryptocurrency landscape. The project has grown into a multifaceted ecosystem, with a current market capitalization of around $7.2 billion, ranking Shiba Inu as the 16th-largest cryptocurrency.