Shiba Inu is doing fine again.
Coinbase trading activity suggests the majority is buying Shiba Inu. Shib also begins to trend once again all across social media platforms – especially on Twitter, following a 15% price increase since Monday.
Shiba Inu Trending With 50K Tweets on Twitter. Shiba Inu has become the talk of the town on Twitter as the most popular dog-themed cryptocurrency soars more than 15% on Monday, attempting to break the most critical resistance level at $0.00001215 on the daily chart.
However, Shiba Inu fails to conquer the level and retreats immediately to $0.00001121. Shiba Inu is poised for a potential breakout until and unless it remains above the $0.00000902 critical support level.
At the time of writing, Shiba Inu is trading at the price of $0.00001164, showing an increase of 2.58% over the last day.
Shiba Inu is still trending on an American micro-blogging platform, Twitter, with almost 50K tweets under Digital Assets and Cryptocurrencies category.
Shiba Inu Grabbed Coinbase Investors’ Attention:
Coinbase, the leading American exchange data, also confirms that more investors are interested in buying the most popular dog-themed cryptocurrency in the past 24 hours.
83% of its users have increased their net long positions over the past 24 hours. According to Coinbase, the increase in buying activity suggests that the asset is gaining popularity.
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.
