Shiba Inu surges 50% as Bitcoin and Ethereum recover—and a new blockchain project gets underway
- Date: 08-Feb-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Shiba Inu surges 50% as Bitcoin and Ethereum recover—and a new blockchain project gets underway
The SHIB-storm might be over.
On Tuesday, the price of the Shiba Inu crypto currency coin, which trades as SHIB, shot up 12%, putting SHIB’s weekly gains at 52%. Before the recent rise, SHIB’s price had fallen 75% from its all-time high of $0.00008616 per coin reached in October.
But SHIB is now trading at $0.00003277 per coin, making the meme coin the 13th most valuable cryptocurrency in the world with a market valuation of $17.9 billion.
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