Shiba Inu’s daily turnover exceeds $5 billion
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Shiba Inu (SHIB) has truly stunned the crypto community with its stars, rising over 70% in a single day.
SHIB, which was set up as an offshoot of Dogecoin, has managed to significantly outperform the original dog cryptocurrency, which is currently up 10 percent in the past 24 hours.
Shiba Inu recorded a massive increase in its daily trading volume, which jumped to $5.9 billion on coin rating website CoinMarketCap.
This impressive number makes it the fifth most traded cryptocurrency (after Tether, Bitcoin, Ethereum and Binance USD stable).
As reported by U.Today, the cryptocurrency began trading on the Coinbase exchange in mid-September.
Shiba Inu stock is still down 64% from its May 10 high of $0.00003791.
