Shiba Inu prices jumped 50% in the last 24 hours, setting a new record.
SHIB once again surprised the market with a sharp jump of 50% in one day. The token is trading at $0.00004027, while its market capitalization has exceeded Litecoin, Chainlink and Uniswap.
Last The growth of SHIB was provoked by rumors that the brokerage platform Robinhood may soon announce support for the cryptocurrency. The rumors have not yet been officially confirmed or refuted. In an interview on October 21, Robinhood CEO Vlad Tenev further inflamed the market by refusing to comment on plans for SHIB.
At the beginning of the month prices increased by 55% per day due to Elon Musk’s tweet and active buying of coins by whales. In September, Shiba jumped 33% after listing on Coinbase.
The Shiba Inu rally has been going on for months and there are no signs of it ending yet.
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