• Shiba Inu’s digital asset SHIB surged 8% in the past 24 hours, with ApeCoin and PepeCoin following suit.
• Bitcoin’s price performance has been rather underwhelming, with the asset remaining at just over $29,000.
• Altcoins such as ETH, BNB, XRP have posted insignificant losses or gains.
Bitcoin and Altcoin Price Performance
Bitcoin’s price performance in the last 24 hours has been rather unimpressive, as it remains at just above $29,000. Most altcoins have shown little-to-no movement during this time frame with ETH, BNB, XRP posting insignificant losses or gains.
Shiba Inu Ecosystem Gains Momentum
Shiba Inu’s leading digital asset SHIB has seen significant growth lately by gaining double digits in the past week. This trend continued today as well with SHIB surging 8%, now trading close to $0.000011. The situation is similar for ApeCoin and PepeCoin which jumped 7-8% respectively returning APE to $2 and PEPE to $0.000001333 on CoinMarketCap (CMC).
BONE Performs Well
Another asset from the Shiba Inu ecosystem – BONE -has also performed exceptionally well recently with consistent double digit growth in its price.
Altcoin Market Overview
The larger caps have been relatively stagnant since yesterday with ETH slightly in the green while DOGE and TRX follow closely behind with minor gains as well. On the other hand BNB, XRP ADA and MATIC have posted insignificant losses so far today.
Overall it was a positive day for Shiba Inu projects while altcoins remain mostly unchanged from yesterday’s prices and Bitcoin continues to stagnate close to $29K mark .