Shiba Inu (SHIB) is making some moves in the market! The price went up by 2% today to $0.00002704, while the overall cryptocurrency market increased by 1% in the past 24 hours.
In the past week, SHIB has seen a 15% rise, especially in the last couple of days. This happened after the creators of Shiba Inu received $12 million for their new privacy-focused blockchain.
Although the currency has dropped by 1% in the past month, its growth of 163% over the past year shows some positive momentum in the medium and long term.
As more people hear about the new platform, it could have a positive impact on the coin's price. The indicators for SHIB are currently on the rise and remain optimistic, suggesting a potential surge in growth.
The trade volume for SHIB is over $1 billion, with $800 million today, which is a 100% increase from Saturday.
The $12 million investment from various sources like Polygon Ventures, Animoca Brands, and more is a major reason behind this surge.
Keep an eye on Shiba Inu as it continues to make moves in the market! #MarketSentimentToday #SHİB #ShibaAwakening #Memecoins #SHIBDreams