#SHIBUSDT Are you still doubting my point of view? I said yesterday that it would rise. You have to go through the trouble of sorting out some things for you to believe it, right? Are my friends who are short sellers feeling a little uncomfortable today?
$SHIB (Shiba Inu Coin) related economic news
SHIB market capitalization changes
Latest reports indicate that SHIB (Shiba Inu Coin) has surpassed Avalanche in market capitalization, reaching a significant market position. The change reflects SHIB’s strong performance in the cryptocurrency market.
SHIB price increases
SHIB’s price has increased by more than 5% in the past 24 hours, showing positive market sentiment and strong demand for the token. This rise coincides with gains in other cryptocurrencies such as Ethereum, further proving SHIB’s influence and appeal in the cryptocurrency market.
Market Trends and Investor Confidence
The U.S. Securities and Exchange Commission’s (SEC) recent approval of an Ethereum ETF application has further boosted confidence in the cryptocurrency market. This confidence has also been transmitted to meme tokens such as SHIB, driving up their prices. In addition, the general bullish trend in the market for tokens such as SHIB has also provided strong support for the rise in their prices.
SHIB’s ranking in the cryptocurrency market
As SHIB’s price rises, its ranking in the cryptocurrency market continues to rise. This ranking improvement not only reflects SHIB's strong performance in the market, but also provides more possibilities for its future development.