Shiba Inu (SHIB) is up 60% while Bitcoin is down.

 While Bitcoin is once again plummeting in value, the trading value of Shiba Inu (SHIB) has increased by 60%.

Bitcoin price freeze: Recent price variations in Bitcoin and the entire crypto market have been caused by negative macroeconomic headwinds and recent crypto bankruptcy. Despite the fact that other cryptocurrencies are declining, the trading value of Shiba Inu (SHIB) has increased by up to 60%.

Shiba Inu is an Ethereum - based token that will be available on the market in August 2020. While it was first developed to capitalize on the growing popularity of Dogecoin, it went on to become one of the best-performing cryptocurrencies ever produced, increasing by more than 48,000,000% by the end of 2021. Market cap, which refers to the total sum moved between sellers and buyers may or may not reflect client strategy. Market data show that in the previous 24 hours, 27,747,491,040,661 SHIB, or 27 trillion tokens worth $332,414,104, have been exchanged. SHIB was 0.53% higher than the previous day's price of $0.000012 at the time of this writing.