SHIB Achieves Highest Gain Of Nearly 35% Since May

With a trading volume of $4.03 billion in the last 24 hours, SHIB hit a high not seen since May.

SHIB increased by nearly 35% in 24 hours

Over the weekend the top meme coin posted a staggering 34.44% gain. This is the highest increase recorded since May.

As noted Shiba Inu increased from $0.000013 to $0.00001774. The trading volume in the last 24 hours is 4.03 billion USD. SHIB is $0.00001703 as of this time. This meme coin saw an all-time high of $0.00008 in October 2021 after rising by the metric from $0.00007911 in less than a month.

Part of this spike can be attributed to Binance announcing the addition of support for this coin on payment cards issued in Europe. In doing so, the cryptocurrency exchange raised its potential in finding new users in the emerging European crypto space.

While Dogecoin also increased 10.21%, DOGE holders were eager to see it reach $0.1 however by the end of August 14 DOGE’s price showed a bearish signal, now the price has dropped to $0.08.

These two coins have been fighting for the top market cap in recent months, hovering around $10 billion today.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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