It was a happy weekend for the cryptocurrency market. In the top 20, two projects took full advantage of this rise: Shiba Inu (SHIB) and Cardano (ADA). But speaking of the memecoin, how high can it climb?
Shiba Inu in the clouds
The Shiba Inu seems to have regained its former prowess in this boom period of the market. The cryptocurrency has seen its value increase by 43.01% in the last 24 hours. Since Trump's victory, the price of SHIB has already increased by nearly 69.26%.
Investor interest in the token exploded throughout the weekend. Between Saturday and Sunday, trading volume on Shiba Inu jumped 348.77%, reaching $2.91 billion. This enthusiasm from traders has helped the memecoin enter the top 10 of the market with a capitalization of $16.23 billion.
