Mind-blowing: Shiba Inu Attracts $5.6 Billion Trading Volume in the Last 24 Hours

Vinod Dsouza

Shiba Inu stole the thunder from top cryptocurrencies as majority of investors are pouring their money into SHIB. The coin is undoubtedly is the best performing asset in 2021 and reached investors far and wide around the world.

In the last 24 hours, Shiba Inu has attracted a staggering $5.6 billion trading volume making it the days highest traded crypto. Also, when the coin dipped for two days straight, whales purchased more than 20 billion SHIB coins respectively.

Whales are making use of the dip by adding more coins to their portfolio. The value of SHIB traded in green today after being down for close to two days. The crypto market is sending mixed signal this week and majority of the coins are trading sideways.

Shiba Inu Superstar

Dogecoin was all the rage during the first half of 2021. The tables have turned making Shiba Inu the talk of the town during the second half of the same year.

Shiba Inu which called itself the ‘Dogecoin killer’ stayed true to its name and achieved all that it set out to do. The coin made several people millionaires along the way and others are holding on in the hopes of making a fortune.

In November 2020, Shiba Inu was trading in the indices with 10 ‘zeroes’. A year later the coin is trading with four ‘zeroes’ and has knocked out six ‘zeroes’ from its trade.

The coin is expected to delete another zero as it displays bullish sentiments. The SHIB community is focused on reaching the 1 Cent milestone and believe they’d get there faster than expected.

Del Crxpto was the first to coin the phrase ‘1 Cent Dream’. The phrase is now an anthem and a goal among the SHIB community who are working towards reaching $0.01.

The Robinhood Dream

Reports are all over social media that Robinhood will list Shiba Inu after they release their much awaited ‘Crypto Wallet’. The news has been doing the rounds since more than four months straight. Many investors poured their money into SHIB in the hopes of a Robinhood listing as the price would spike when they get in on board.

Robinhood CEO Vlad Tenev didn’t give a straight answer when CNBC host Jim Cramer asked him about listing SHIB.

Also, its crypto division COO, Christine Brown in a recent interview with Decrypt said that Robinhood is not in a rush to list Shiba Inu.

At the time of publishing, Shiba Inu was trading at $0.00005328 and is up +1.97% in the 24-hours day trade.