CryptoIntelligence
2024-04-19 13:32:00

Shiba Inu Sees Surge in Market Interest Despite Mixed Sentiments Among Traders

The cryptocurrency market’s volatility has again highlighted Shiba Inu, a popular meme coin, which recently experienced a surge in value. Despite a 4% drop in its price over the last day, the coin managed to reach a peak of $0.00002296, recovering from a dip to $0.00002092 just a day prior. Significant activity on major cryptocurrency exchanges underscores this recent uptick in interest in Shiba Inu. Notably, the open interest on platforms such as Huobi and OKX has dramatically increased, with figures reaching around $16 million and $15 million respectively. This rise in open interest indicates a higher level of market

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.