4.1 Trillion SHIB Moved as Price Surges 7.24% Among Falling Market

📆 16-7-2023 01:05:00
📰 Utoday_en

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Trillions of $SHIB transferred following the big ShibaInu price surge Shibarium

SHIB bullish price action

Within the span of the past 24 hours, the second most popular meme cryptocurrency Shiba Inu has made a surge by 8.65%, jumping from $0.00000773 to the $0.00000840 level, where it is changing hands at the moment. The rise occurred after the partial victory of Ripple over the SEC in court made the price of XRP skyrocket to a peak of 100%. The Ripple-affiliated crypto's rally fueled the prices of the whole crypto market, Bitcoin and Ethereum first of all. SHIB was among the altcoins that also went up significantly.

By now, XRP has lost over 16%, along with XLM, ADA and other top altcoins as traders have begun to liquidate their crypto positions to lock in profits. Unlike other digital currencies, Shiba Inu remains on the rise in the green zone.

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