The market value of Shiba Inu has returned to $15 billion.
On CoinMarketcap, the latter can be tracked directly.
The 24-hour trading volume of the SHIB token has increased by 24.23 percent.
Shiba Inu (SHIB) has just regained a market valuation of $15 billion, causing a new surge of market activity surrounding it. The latter represents a reasonable recovery and a one-of-a-kind threshold value for the SHIB token thus far.
Shiba Inu is now $0.00002809 at the time of writing. The cryptocurrency is up 24.23 percent and the stock market is up 37.21 percent, respectively. On CoinMarketCap, the underlined values represent the SHIB token’s 24-hour and 7-day trading volumes. Furthermore, Shiba Inu is now the world’s 14th largest cryptocurrency, thanks to its on-chain analytics.
The Shiba Inu’s $15 billion market value excites all crypto enthusiasts across the world, particularly the “SHIBA Army” group. As a result, traders began a more competitive crypto trading adventure as a result of this. At the same time, crypto apes and other Shiba Inu die-hard admirers are ecstatic that the SHIB coin has reached such a significant milestone.
Furthermore, speculators believe Shiba Inu is poised to thrive once more, similar to its prior success in the fourth quarter of 2021. On the other hand, despite the fact that the values of several other meme coins have risen dramatically, SHIB token’s performance currently indicates that it poses a danger to its rival crypto Dogecoin (DOGE) and many other Altcoins.