Shiba Inu has grown in popularity since its inception. Following the Dogecoin and GameStop hype, the cryptocurrency has been observed trending. However, it is fascinating to watch the asset perform at such a breakneck pace. Individuals in the crypto market have witnessed some exciting run-up to the weekend for nearly all currencies this weekend. Similarly, Shiba Inu (SHIB) tokens have performed well this week. Notably, the promising uptrends have occurred in the aftermath of some tremendously unexpected developments behind the scenes. However, in the current scenario, the bullish momentum appears to be shifting slightly bearish, but the uptrend remains intact.
Shiba Inu has increased by more than 26%.
The cryptocurrency market soared last week. Some of the most valuable digital assets saw significant increases in value. Bitcoin and Ethereum investors have had a good run. Shib Inu has also witnessed the same thing.
Notably, the price of SHIB tokens has increased by more than 26.5 percent in the last week. Indeed, SHIB has had an impressive run, despite the fact that previous fluctuations were not particularly enjoyable for token holders.
SHIB’s outstanding performance continues.
With the increase in price, the overall trading volume of Shiba Inu has also increased. Many people are still wondering what it will take for the cryptocurrency to return to its all-time high. It is worth noting, however, that the cryptocurrency has already risen by more than 14,063,029 percent since its all-time low.
Shiba Inu Non-Fungible Tokens are now available on OpenSea.
It’s exciting to see the continued popularity of Non-Fungible Tokens. Furthermore, in response to the demand, members of the community are developing NFTs to support their cryptocurrency. Notably, there is now a KriptoKards Shiba NFT Card Collection on an NFT marketplace for Shiba Inu.
On the OpenSea platform, there are a total of 25 such cards. The first six cards (out of a total of 25) are given away for free. Concerns about whether these assets are worth paying for remain, but the concept is intriguing.
eToro is a cryptocurrency trading platform that supports the soaring cryptocurrency.
Among the many factors that have contributed to Shiba Inu’s bullish momentum is its listing on eToro. Indeed, the token is now supported as a currency on eToro’s trading platform.
Typically, it takes much longer for the platform to enable support for alternative currencies. However, due to the viral nature of the digital asset, it has been listed. Unsurprisingly, eToro is looking to capitalize on Shiba Inu’s popularity.