$ 20,415.00
$ 1,170.57
$ 0.999901
$ 0.463893
$ 0.328374
$ 1.00

Shannon Bray Calls it ‘A Big Deal’: SHIB Trading Volume Exceeds $5.6 Billion

Despite losing price momentum, SHIB has come up third after Bitcoin and Ethereum as its trading volume has spiked tremendously, passing $5.6 billion.

The price of Shiba Inu ($SHIB) has been holding above the $0.00005 mark for nearly two weeks.

The price momentum loss has not made Shiba Inu (SHIB) any less attractive to users. On the contrary, the Shiba Inu (SHIB) market volume surge of $5.6 billion has put the meme cryptocurrency right behind crypto giants Bitcoin (BTC) and Ethereum (ETH).

The enormous increase in trading volume impressed even Shannon Bray, the US Senate Candidate who has lately become quite the Shiba Inu (SHIB) advocate. Bray referred to the impressive spike as a big deal as he took Twitter to comment on the impressive climb. To show his support, Shannon Bray went so far as to make the Shiba Inu his Twitter header picture. 

The flash crash of the cryptocurrency market led to Shiba Inu (SHIB) returning to a low of $0.000046 this week but recovered with a price higher than $0.00005. Last month was absolutely spectacular for Shiba Inu (SHIB), having incurred an ATH and a rise of 1,000%. However, Shiba Inu (SHIB) is presently trading at $0.0000525, 50% below the all-time high of $0.000089 it reached during October. 

Whether by market capitalization or notoriety, Shiba Inu (SHIB) has overtaken Dogecoin (DOGE) as the most recognized meme cryptocurrency in the year 2021. Though Dogecoin (DOGE) has indeed surpassed Shiba Inu (SHIB) by market capitalization because of Shiba Inu (SHIB) price retracement earlier this month, Shiba Inu (SHIB) supporters believe that Shiba Inu (SHIB) will become the Dogecoin (DOGE) killer and the most prominent meme cryptocurrency. 

In wake of its increasing influence, exchanges like Binance, Coinbase, and most recently, CoinDCX, the India-based cryptocurrency unicorn have recently added new Shiba Inu (SHIB) pairs. With the listing on CoinDCX came a new moniker for Shiba Inu (SHIB), here on out otherwise known as the Doge Killer. The hype around Shiba Inu (SHIB) has been quite lucrative, garnering over 1 million users due to the most recent listings.

Even though Shiba Inu (SHIB) has as of late gained support for trading at a spectacular 1,000% increase, it is not merely renowned for that. Many merchants have expressed interest in taking $SHIB as a form of payment, just like they did for Dogecoin (DOGE). AMC Theaters, the world’s largest cinema chain, has also announced that $SHIB will be included as a payment method in the near future.

Also read: Binance is Considering France for its Central HQ


Also read:

Related News

Meta Continues With Its NFT Plans

Meta stated that its other cryptocurrency initiatives are proceeding according to schedule after announcing the end of its Novi project. Non-fungible tokens (NFT) have been developing for a while by the company. The Novi initiative, which enables remittances and international money transfers, will shortly be shut down, the company announced recently. According to the company, the project will no longer operate as of September 1. Users of Novi were informed

Read More »

Bitcoin’s Lightning Network Now Available for Argentina From OpenNode Partnership With Lemon Cash

OpenNode, a supplier for Bitcoin payments, has teamed with Lemon Cash, a well-known Latin American bitcoin wallet service. The wallet’s cooperation with OpenNode allows over 1 million Lemon Cash users to now access Bitcoin’s Lightning Network. “This partnership is yet another example of our capability and belief in Bitcoin as the new base layer for global payments… We’re proud to support Lemon’s mission and its desire to scale and benefit

Read More »
LuckyBlock is a worldwide game and competition platform with play to earn rewards using blockchain protocols. They have already given many prizes to the participants of the game.

Lucky Block Partners with Crypto Academy

Lucky Block has partnered with Crypto Academy, as we look forward to many updates and launches ahead.  Lucky Block has reached a partnership with Crypto Academy, the renowned Crypto Marketing Agency, and Informational and Educational portal. With an incredible success rate in helping cryptocurrency-focused startups grow in the industry, the partnership with Crypto Academy is a stepping stone in the exciting journey ahead for Lucky Block. LuckyBlock is a worldwide

Read More »

My Coins

$ 20,415.002.95%
$ 1,170.574.83%
$ 0.4638932.59%
$ 0.9999010.01%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy


Contact Us

For any question conatct us through:

Disclaimer: All information and materials on this website are for educational purposes only. does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: