Shiba Inu Jumps 27% In 7 Days: What Is Going On?

Shiba Inu (CRYPTO: SHIB) has posted a 27% gain over the past week, with traders now expecting a much larger breakout. Despite a slight dip in whale activity, retail interest appears to be rising as Shibarium adoption continues and tokenomics improve.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Shiba Inu (CRYPTO: SHIB)  $0.00001610 $9.5 billion +1.6%   +26.6%
Dogecoin (CRYPTO: DOGE)  $0.2342 $34.95 billion  +2.3%  +37%
Pepe (CRYPTO: PEPE)  $0.00001383 $5.8 billion +2.7%  +74.5% 

Trader Notes: Crypto trader CW sees Shiba Inu trying to break through the sell wall. If it breaks through, the next one is at $0.0000224.

Full story available on Benzinga.com