Monday, October 25

Elon Musk’s influence drives record prices for Shiba Inu

Inspired by Elon Musk’s dog: Cryptocurrency Shiba Inu is breaking records. Shiba continues to move forward as the most popular token in the crypto world.

Shiba Inu, the cryptocurrency produced from EIon Musk’s dog breed Shiba Inu, broke a record with a daily increase of 48 percent.

It is stated that Shiba Inu is the most traded pair on Binance in the last 24 hours, with a volume exceeding 2 billion dollars.

It was stated that the crypto money, which rose from $ 0.00002785 to $ 0.00004177 in one day, increased due to rumors that it could be listed on the crypto asset trading platform called Robinhood.

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Shiba Inu Listed on New Exchanges

On the other hand, the listing of another popular application, Public, on Novadax, one of the largest exchanges in Brazil, also increased the popularity of the cryptocurrency.

It is known that Elon Musk has also had an impact on the increase in coins with dog symbols. Musk tweeted a puppy with a rocket ship earlier this week.

At the same time, the Shiba Inu gained 300 percent in one day after posting a photo of his own dog in early October.

Apart from the Shiba Inu, the overall crypto market is experiencing a partial pullback. Bitcoin prices saw their historical peak last week with $ 66 thousand.

It is a matter of curiosity whether there will be a new peak in Bitcoin, which has withdrawn to the level of 60 thousand dollars as of the weekend.

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