HomeCrypto NewsMarketShiba Inu Is Now Fifth Most Traded Crypto As SHIB Stunned Cryptocurrency Community By Rising More Than 70% In...

Shiba Inu Is Now Fifth Most Traded Crypto As SHIB Stunned Cryptocurrency Community By Rising More Than 70% In 24 Hours

Date:

Written By:

Mark Brennan

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Shiba Inu, (SHIB), stunned cryptocurrency communities with rising more than 70% in one day.

Read: Crypto Whales Purchasing Large Amounts Of Shiba Inu, As Single Anonymous Whale Bought 6 Trillion SHIB Coins And Then Added 276 Billion More After Two Days


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shib 70% up

 

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SHIB was originally created as an Dogecoin offshoot. It has outperformed the dogecoin cryptocurrency which is up 10% over the last 24 hours.

 

Shiba Inu experienced a significant increase in daily trading volume. SHIB 24 hour volume soared to $5.9 Billion on CoinMarketCap.

Shib is now the fifth most traded cryptocurrency (Volume last 24 hours), behind only Tether and Bitcoin, Ethereum, and Binance USD (BUSD).

shib trading volume





Shib began trading on Coinbase in mid-September. Shiba is still down 64% from May 10 record of $0.0003791.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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