Derived from U.Today, Shiba Inu (SHIB) rose 1.42% in the last 24 hours to $0.000009152 amid broader market declines. The crypto market faced fresh selling pressure on Friday due to a stronger U.S. dollar and a hawkish tone from the Federal Reserve. Bitcoin and Ethereum fell 3.07% and 4.44%, respectively, while most altcoins underperformed. SHIB has been trading between $0.00000842 and $0.00000923 since November 4. A SHIB team member, Lucie, noted that the biggest returns in past bull runs often came from the most overlooked tokens. SHIB saw sharp price spikes in October 2021 and February 2024, but the timing of its next move remains uncertain.
Shiba Inu Price Rises 1.42% Amid Market Sell-Off, Team Comments on Market Volatility
U.TodayShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.