Forexs - Shiba Inu (SHIB) Price Surges 15% in 24 Hours

FOREX FORUMS https://bit.ly/TRADER-FORUM - Shiba Inu (SHIB) prices rose 15% in 24 hours. Indicators imply this increasing trend will continue. Despite strong trade activity, only a small proportion of $SHIB token holders are liquidating their holdings on cryptocurrency exchanges.





On Saturday, SHIB and Bone Shiba Swap (BONE/USD) benefited from the optimistic cryptocurrency market. After a Friday afternoon breakout, the SHIB token’s value rose 13%. Thus, the market rose almost 20%, with BONE leading with a 23% increase.


SHIB has risen 15% in the past 36 hours, approaching the psychological threshold of $0.00001 and reaching a new top over the past four months. The latest Benzinga Pro data shows SHIB trading at $0.00000986, up 12.30%. Market capitalization rose 12.3% to $5.81 billion. The 24-hour trading volume increased 236% to $683 million.





Despite risk aversion in other financial sectors, SHIB is rising. After Fitch downgraded the US sovereign rating, investors were more cautious, hurting technology companies. Shibarium’s approaching launch has helped the Shiba Inu cryptocurrency maintain a hopeful outlook.


Shibarium, a blockchain project by Shiba Inu, has boosted recent cryptocurrency trade. The developers believe this unique project can replace Ethereum (ETH/USD). Shibarium will meet expectations by processing transactions faster and more efficiently and reducing supply through burning.


Given the present surge and the forthcoming launch of Shibarium, market participants and fans are eager to learn about cryptocurrencies. In order to facilitate this process, Santiment is offering complimentary one-week trials of Sanbase PRO. This subscription provides users with access to a highly extensive database. It includes on-chain and social cryptocurrency metrics, making it the most complete resource of its kind globally.


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The Shiba Inu SHIB/USD pair, a dog-themed cryptocurrency, has been rising all weekend. Particularly, this digital asset has experienced substantial increases in value since the start of Saturday. Investors and traders are eagerly observing the performance of SHIB, given the prevailing good emotions and expectations around Shibarium. They are keen to determine whether the ongoing surge will persist in the upcoming days.








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