Shiba Inu Rises More Than 8% In 24 hours

Shiba Inu's SHIB/USD price has increased 8.03% over the past 24 hours to $0.000019. Over the past week, SHIB has experienced an uptick of over 2.0%, moving from $0.000018 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.

The trading volume for the coin has increased 107.0% over the past week, while the overall circulating supply of the coin has decreased 0.48%. The current market cap ranking for SHIB is #14 at $11.00 billion.

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