#SHIB has gained by as much as 12% in the past day, with the Shiba Inu price reaching a 24-hour high of $0.0000351 today.
The meme token’s movements have pushed its market cap back to $20 billion, as the wider crypto market enjoys a 2% gain amid ongoing #ETF -related growth and bullishnesses.
SHIB has now gained by 26% in a week and by 267% in the last 30 days, with the meme token also up by 240% in a year.
And with the market likely to continue rising at least until the next Bitcoin halving (happening next month), SHIB could easily reach new peaks in the near future.
SHIB’s chart continues to signal plenty of momentum, momentum which isn’t likely to decline in the very near future.
For example, despite surging beyond 90 a week ago, the coin’s relative strength index (purple) remains above 75, a clear sign that buying pressure remains solid.
