Shiba Inu (SHIB) Biggest Beneficiary of Rate Cut, Here's Why

After a brief period of broader market volatility, the bulls are back in action, with Shiba Inu SHIB SHIB - $0.000014041027691 in the spotlight after the U.S. Federal Reserve interest rate cut. The Fed shocked the global market on Wednesday when it unveiled a 50 basis point interest rate cut, the first time in four years.

Source: u.today

Related symbols: SHIBUSD

2024-09-19 11:05:01 GMT.

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Price & Market Data

Price: $0.000014041027691

Volume 24h: $262,974,416.47

Market Cap: $8,273,949,460.55

Description

Shiba Inu (SHIB) is a cryptocurrency and operates on the Ethereum platform. Shiba Inu has a current supply of 589,518,419,021,203.6 with 589,269,506,655,882 in circulation. The last known price of Shiba Inu is 0.00001408 USD and is up 4.66 over the last 24 hours. It is currently trading on 876 active market(s) with $261,242,619.48 traded over the last 24 hours. More information can be found at https://shibatoken.com/.