Shiba Inu’s price surges 20% over the last day, making it the most profitable cryptocurrency (biggest gainer) among the world’s top 15 biggest cryptocurrencies (in terms of market cap).
Shiba Inu (SHIB) becomes the 7th most heavily traded cryptocurrency in the last 24 hours according to Coinmarketcap data. The current market cap of SHIB stands at $5,873,713,771 ($5.87B), making it the 14th biggest cryptocurrency in the world.
Despite the widespread selloff in the global crypto market, the most popular dog-themed cryptocurrency is showing its strength.
At press time, SHIB is the only cryptocurrency trading in green among the top 15 biggest cryptocurrencies, while all other major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), etc. are trading in the red.
Shiba Inu surges 20% over the last day and is trading at the price of $0.00001069, with a 24-hour trading volume of $1,808,987,328 ($1.80B).
The 14th biggest cryptocurrency in the world gathers the attention of investors as the coin gets $1,808,987,328 ($1.80B) trading volume in the past 24 hours, making it the 7th most heavily traded cryptocurrency, CoinMarketCap reports.
The increase in 24-hour volume signifies that investors are interested in buying the second biggest canine-themed token in the world at high prices.
Shiba Inu also manages to become the 14th biggest cryptocurrency in the world (in terms of market cap). The current market cap of SHIB stands at $5,873,713,771 ($5.87B).
Disclaimer
The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.
Author
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.