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.
