Crypto Blog
Shiba Inu experiences a notable rally, surpassing major cryptocurrencies in trading volume, indicating significant investor interest.
The price of the second-biggest meme coin – Shiba Inu – continues to rally, spiking by 7% in the past hour and 15% on a 24-hour scale. Its market capitalization surpassed $18.5 billion for the first time since mid-March.Shiba Inu trading volume generated in the last 24 hours has also headed north. According to CoinGecko’s data, the figure has jumped above $2.3 billion, thus outperforming Ripple’s XRP and Cardano’s ADA .today include daily transactions on Shibarium and aggregated daily volume .
All these assets have allowed traders to make substantial profits due to the impressive price spikes witnessed as of late.over $5 million with an initial investment of just $310. It remains unclear whether those people actually cashed out their holdings.
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