Shiba Inu Coin Price Soars to Record High After Robinhood Petition
In the last 24 hours, the price has surged over 32%.
The Shiba Inu (SHIB) coin price skyrocketed to a new high of $0.00005863 today, .
Shiba Inu coin, named for the memeified dog breed, is the joke spin-off of the popular cryptocurrency Dogecoin (DOGE). Today’s record-breaking price comes after a on its trading platform. The petition has received 334,500 signatures so far.
Shiba Inu’s price began to surge over the weekend after SHIB community Twitter account @ShibaInuNews Robinhood circulated regarding SHIB’s potential listing. On Sunday, the coin saw an , and became the 13th-largest cryptocurrency by market cap. The price on Tuesday.
Related: Elon Musk Sends Crypto Coin Plummeting: ‘True Value is Building Products’
Now, Shiba Inu is the 11th-largest cryptocurrency with a market cap of $21.5 billion.
On Monday, a crypto whale (someone who owns vast amounts of crytocurrency, typically millions) bought $11.5 million worth of SHIB tokens, further accelerating the coin’s price increase.
Dogecoin also surged over the weekend, shooting up 8% after Tesla and SpaceX CEO on Saturday. It’s not the first time Musk’s tweets have significantly shaken up cryptocurrency markets.
Related: Elon Musk Posts Sexual Bitcoin Meme and Sends Twitter Into a Frenzy
The Shiba Inu (SHIB) coin price skyrocketed to a new high of $0.00005863 today, .
Shiba Inu coin, named for the memeified dog breed, is the joke spin-off of the popular cryptocurrency Dogecoin (DOGE). Today’s record-breaking price comes after a on its trading platform. The petition has received 334,500 signatures so far.
Shiba Inu’s price began to surge over the weekend after SHIB community Twitter account @ShibaInuNews Robinhood circulated regarding SHIB’s potential listing. On Sunday, the coin saw an , and became the 13th-largest cryptocurrency by market cap. The price on Tuesday.
Related: Elon Musk Sends Crypto Coin Plummeting: ‘True Value is Building Products’
Now, Shiba Inu is the 11th-largest cryptocurrency with a market cap of $21.5 billion.
On Monday, a crypto whale (someone who owns vast amounts of crytocurrency, typically millions) bought $11.5 million worth of SHIB tokens, further accelerating the coin’s price increase.
Dogecoin also surged over the weekend, shooting up 8% after Tesla and SpaceX CEO on Saturday. It’s not the first time Musk’s tweets have significantly shaken up cryptocurrency markets.
Related: Elon Musk Posts Sexual Bitcoin Meme and Sends Twitter Into a Frenzy
