The trading volume of Shiba Inu has risen sharply in recent days. Yesterday, the 24-hour volume rose to $2 billion for the first time since May. And, just like the trading volume, the SHIB price has also risen sharply in recent days. The price has increased by more than 24% in the past 7 days.
Shiba Inu trading volume explodes
So yesterday, Shiba Inu reached a trading volume of $2 billion. That means SHIB had the fifth largest trading volume. Especially on crypto exchange Binance, the Shiba Inu volume was very high, at $393 million. It was on May 10 that the memecoin’s trading volume was last this high. However, this trading volume is still extremely far from SHIB’s $36 billion volume on October 28. This volume came as SHIB hit its new all-time high.