SHIB Among Worst-Performing Coins in Top 100, What's Happened?
Release: 2024/09/29 18:24 Reading: 631
Shiba Inu's Recent Dip: A Healthy Correction
Despite losing over 3% in the last 24 hours, Shiba Inu (SHIB) remains a top performer on a seven-day timeframe, having gained an impressive 34%. This recent price decline is likely a healthy correction, as holders took profits following a significant rally.
Weekly Gainers and Losers
Shiba Inu leads the pack as the biggest gainer this week, ahead of other meme coins such as Pepe and dogwifhat. However, Pepe and dogwifhat have surpassed SHIB in recent days, with gains of 37% and 34.1%, respectively.
Other Notable Performers
Dogecoin (DOGE), Shiba Inu's rival, has surged by over 4% in the last 24 hours, making it the second best-performing cryptocurrency in the top 100. Bonk (BONK) continues to dominate, with a 4% spike over the same period.
Ripple-affiliated XRP also performed well, recording a 3.2% price increase. Pepe (PEPE) and Solana-based dogwifhat (WIF) both gained over 2%.
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