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Shiba Inu Down More Than 3% Within 24 hours

Benzinga · 01/06/2023 10:00

Shiba Inu's (CRYPTO: SHIB) price has decreased 3.27% over the past 24 hours to $0.0000083. This is contrary to the coins performance over the past week where it has experienced an up-trend of 4.0%, moving from $0.0000080 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.

price_chart

The trading volume for the coin has increased 11.0% over the past week, while the overall circulating supply of the coin has decreased 0.18%. The current market cap ranking for SHIB is #16 at $4.86 billion.

supply_and_vol

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