is posting surprising gains in the last 24 hours despite the market recording losses. Shiba Inu is depicting a rare decoupling move as profit-taking is causing several cryptocurrencies to trade in the red.was up 4.49% in the last 24 hours to $0.00000826. The token is also up 12.92% in the last seven days.
The crypto market received a positive boost on July 14 after a judge ruled that XRP, being a digital code, is not a security. The news lifted hopes in the market as crypto investors exhaled a sigh of relief that other altcoins may not be considered securities after all. As was to be expected, the market is experiencing losses as investors took profits after yesterday's increase. Big winners in yesterday's rally, such as XRP, Stellar and Cardano , are recording losses. The total crypto market capitalization is currently down 2.35% to $1.22 trillion.Shiba Inu has retained its gains, presently trading higher against a backdrop of several crypto assets that are trading in the red.