Shiba Inu Outperforms Majority of Cryptocurrency Market

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$SHIB remains among the leaders of the market as the memecurrency performs better than the majority of alts

Another wave of risk-off tendencies hit the financial market, which caused a major drop in the cryptocurrency market, with Bitcoin losing almost $4,000 from its value and dropping to $40,000. But while most altcoins are trying to recover from a flash-crash,, Shiba Inu is currently going through a 5% price increase after showing a mind-blowing 57% increase in three days.

After a strong plunge of the market, some digital assets are showing the first signs of recovery as Bitcoin trades with a 0.6% price increase in the last 24 hours. But according to volume profiles, traders are not rushing to support the rebound.

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