Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Cryptocurrency Shiba Inu's Price Increased More Than 3% Within 24 hours

Shiba Inu's (CRYPTO: SHIB) price has increased 3.38% over the past 24 hours to $0.0000082, which is in the opposite direction of its trend over the past week, where it has experienced a 22.0% loss, moving from $0.000011 to its current price.

The chart below compares the price movement and volatility for Shiba Inu over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Shiba Inu's trading volume has climbed 189.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.14%. This brings the circulating supply to 589.39 trillion. According to our data, the current market cap ranking for SHIB is #15 at $4.87 billion.

Powered by CoinGecko API

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.