Shiba Inu (SHIB) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Shiba Inu has a current supply of 589,502,699,821,515.21335863 with 589,248,106,561,778.75445189 in circulation. The last known price of Shiba Inu is 0.00001142 USD and is down -3.73 over the last 24 hours. It is currently trading on 969 active market(s) with $128,101,826.41 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.