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Shiba Inu Down More Than 7% Within 24 hours

Shiba Inu's (CRYPTO: SHIB) price has decreased 7.73% over the past 24 hours to $0.000020, continuing its downward trend over the past week of -14.0%, moving from $0.000023 to its current price.
byBenzinga Insights
June 14, 2024
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Shiba Inu’s (CRYPTO: SHIB) price has decreased 7.73% over the past 24 hours to $0.000020, continuing its downward trend over the past week of -14.0%, moving from $0.000023 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.

price_chart

The trading volume for the coin has fallen 34.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.63%. This brings the circulating supply to 589.26 trillion. According to our data, the current market cap ranking for SHIB is #12 at $11.70 billion.

supply_and_vol

Powered by CoinGecko API

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

 
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