- Shiba Inu performed tremendous last week gaining more than 26%
- With soaring price, the cryptocurrency has also witnessed an increment in its trading volume
- There are concerns about whether SHIB will achieve its ATH back, but still, the token is up by more than 14,063,029% from its all-time low
- SHIB NFTs are now available on the OpenSea NFT marketplace
- eToro has listed the cryptocurrency on its trading platform
Shiba Inu has been soaring since its establishment. The cryptocurrency is observed trending following the Dogecoin and GameStop hype. However, it is interesting to watch the asset performing at such a tremendous pace. This weekend individuals in the crypto market have witnessed some exciting run-up to the weekend for nearly all currencies. Likewise, the week remains positive for Shiba Inu (SHIB) tokens. Notably, the promising uptrends have followed some tremendous unexpected developments behind the scenes. However, in the current scenario, the bullish momentum seems slightly turning bearish, but the uptrend remains in place.
Shiba Inu has witnessed a 26%+ gain
Last week, the crypto market saw tremendous gains. Some of the leading digital assets rose significantly in value. Bitcoiners and Ethereum holders have seen a good run. Simultaneously, Shib Inu has also witnessed the same.
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Notably, the SHIB tokens were observed up by more than 26.5% in the last week. Indeed, SHIB showed an impressive run as previous fluctuations were not all that fun for the token holders.
SHIB continues its tremendous performance
With a surge in price, it has been observed that the overall trading volume of Shiba Inu was also soaring. Still many wonder what will it take for the cryptocurrency to return to its all-time high level. However, it is worth noting that the cryptocurrency is already up by more than 14,063,029% since its all-time low.
Shiba Inu Non-Fungible Tokens arrived on OpenSea
It is exciting to witness the continued craze for Non-Fungible Tokens. Moreover, following the demand, community members are creating NFTs to support their cryptocurrency. Notably, for Shiba Inu, there is now a KriptoKards Shiba NFT Card Collection on an NFT marketplace.
A total of 25 such cards exist on the OpenSea platform. Among the 25 cards, the first 6 are given away for free. However, concerns about whether these assets are worth paying remain, but the concept remains interesting.
eToro supports the soaring cryptocurrency
Among the numerous factors that helped Shiba Inu gain bullish momentum is also it’s listing on eToro. Indeed, eToro now supports the token as a currency on its trading platform.
Usually, the platform takes much longer to enable support for alternative currencies. However, following the viral factor of the digital asset, it has listed it. Unsurprisingly, eToro is seeking to capitalize on the momentum behind Shiba Inu.