What's Up With Shiba Inu Today?

Shiba Inu SHIB/USD a dog-themed cryptocurrency traded in the green at press time on Tuesday night among high social media interest.

What's Moving: SHIB traded 2.18% higher at $0.0000087 at press time over 24 hours. The meme coin is down 2.12% for the week.

Against Bitcoin BTC/USD and Ethereum ETH/USD, SHIB traded 3.97% and 0.34% higher, respectively.

Why Is It Moving: SHIB trended on both CoinMarketCap and CoinGecko at press time. The self-described Dogecoin DOGE/USD killer also gained momentum on Twitter Inc’s TWTR platform.

See Also: Here's How Shiba Inu (SHIB) Rally Is Different From Dogecoin

SHIB was among the most mentioned cryptocurrencies on Twitter in the last 24 hours. The cryptocurrency ranked behind BTC, Ethereum (ETH), and DOGE in terms of mentions on Twitter, as per data from Cointrendz.

In terms of favorites and retweets on Twitter, SHIB emerged as the dominant cryptocurrency at press time.

This week, the project announced that holders can spend their SHIB at stores of retailers such as Amazon.com, Inc AMZN, eBay Inc EBAY, and Walmart Inc WMT through Shopping.io’s platform.

Read Next: These Two Cryptocurrencies Gave Better Returns Than Dogecoin In 2021 First-Half

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyNewsMarketsMoversTrading IdeasBitcoinBlockchaindogecoinEthereumMeme CoinsShiba Inu
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!