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Benzinga
Benzinga
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Benzinga Insights

Cryptocurrency Shiba Inu Rises More Than 8% In 24 hours

Shiba Inu's (CRYPTO: SHIB) price has increased 8.65% over the past 24 hours to $0.000011. Over the past week, SHIB has experienced an uptick of over 32.0%, moving from $0.0000081 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.

The trading volume for the coin has increased 217.0% over the past week while the overall circulating supply of the coin has increased 0.07% to over 589.39 trillion. The current market cap ranking for SHIB is #12 at $6.40 billion.

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

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