Shiba Inu Price Skyrockets By 15% In 24hrs, Will It Jump Further?

SHIB Rallies More Than 15% Overnight, Will It Jump Further?

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Shiba Inu (SHIB), the second-largest meme coin by market cap, has recorded an overnight surge in its price.

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The prices of SHIB Inu skyrocketed by 15% in the last 24 hours and has risen by 35.25% in the past 7 days.

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The trading volume of the meme coin has exploded by 150% to $810 million within the last 24 hours, with Binance and Coinbase hosting the majority of those trades.

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This comes after Korean crypto exchange UpBit announced that it has listed the popular meme token.

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UpBit was the 22nd largest crypto exchange by spot trading volume within the last 24 hours.

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SHIB, which has been enjoying its best days in the crypto market, is designed to be Ethereum-compatible alternative to Dogecoin.

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It also supports projects such as an NFT art incubator and a decentralized exchange called Shibaswap.

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