![]() ![]() It remains to be seen whether there is enough space for two “dog coins” in the top-10, so Dogecoin bulls should be on high alert if Shiba Inu continues to rally. ![]() At the time of writing, the 24-hour trading volume was 1,993,797,637. In case Shiba Inu continues to move higher at a robust pace, a switch from Dogecoin to Shiba Inu will be almost inevitable, providing additional support to Shiba Inu. Currently, Shiba Inu is trading at 0.0000324, a massive dip from an all-time high of 0.00008833. According to CoinMarketCap, Dogecoin’s current market cap is $33.6 billion, while Shiba Inu market cap has surpassed the $15 billion level.Ĭrypto markets are very dependent on momentum. STOCKS SHED GAINS AMID LOOMING DEBT LIMIT Investors listening for indications on Fed's next rate move in expected commentary from Federal Reserve. It should be noted that Shiba Inu continues to close the gap in market capitalization with Dogecoin. 36,261.50 -268.37(-0.73) MARKETS LIVE BLOG U.S. 13 most valued cryptocurrency by market capitalization, according to data. It looks that Dogecoin may face some challenges in the upcoming trading sessions as traders may direct their funds into Shiba Inu. Self-claimed DOGE killer shiba inu (SHIB) has pumped by nearly 400 in the past week, pushing the token to the No. Dogecoin faced resistance near $0.27 and pulled back towards $0.2550. This move happened on rising trading volume, although it remains below levels that were seen at the beginning of October when Shiba Inu rallied after a successful test of the resistance at $0.000010.ĭogecoin also moved higher today, but this move was modest. Yahoo Finance’s Jennifer Schonberger breaks down what is driving the move behind Shiba Inu. Proof of Time is an auxiliary mechanism for 'farming'. Shiba Inu gained strong upside momentum after it managed to get above the key resistance level at $0.000035 and made an attempt to get to the test of the $0.000045 level. Shiba Inu Price History Yahoo FinanceSo NFT has gradually faded out of the currency circle, only occasionally It appears in the form of lace news, such as the digitization of works by such-and-such artist and then auctioned. Shiba Inu Rallies After Successful Test Of The Resistance At $0.000035 ![]()
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