Shiba Inu's Latest Movement: Short-Term Fluctuations, Long-Term Stability

Shiba Inu (SHIB) shows a slight positive movement over the past hour with a gain of 1.14%, but over the last 24 hours and seven days, it has experienced a decline of 0.88% and 0.78% respectively. Despite this, the 30-day performance remains positive at 5.55%, indicating some recent recovery or accumulation. The market cap stands at approximately $8.54 billion with a volume of about $175 million, reflecting active trading and substantial market interest. The presence of a version on Solana with similar pricing but a market cap of $0 suggests it might be a newer or less established project layer or a different tokenized variation. Overall, SHIB maintains its typical volatility and mixed short-term signal, but the longer-term trend could be considered mildly positive.