Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level
- Date: 10-Feb-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level
Crypto markets saw mixed trading on Tuesday with relatively small gains and losses among the largest assets by market capitalization. Leading the charts in the past 24 hours were payment tokens XRP and Shiba Inu’s SHIB, with advances of as much as 22%.
Bitcoin and ether, the two largest cryptocurrencies, each added about 3% in the past 24 hours even as the tokens of layer 1, or base, blockchains Solana (SOL) and Polkadot (DOT) fell 2.5%, data on analytics tool CoinGecko showed.
Among other major cryptocurrencies in the same period, Cardano’s ADA jumped 2% while binance coins (BNB) were little changed. AVAX tokens surged 10% on the back of strong fundamental activity on Avalanche, which processed more than 1 million transactions on Monday across various tools, services and products built on the network.
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