Shiba Inu SHIB/USD is up 3%, bettering gains clocked by Dogecoin DOGE/USD and Dogelon Mars ELON/USD in the last 24 hours.
What Happened: The rally can be attributed to two major reasons. First, SHIB is back in the top 10 by trading volume among the 500 biggest Ethereum ETH/USD whales in the last 24 hours, according to WhaleStats.
At the time of writing, SHIB was trading at $0.000009466 with its market cap at $5.1 billion.
The second reason for a surge in the rally is the Twitter integration of SHIB and Dogecoin ‘cashtag,’ a new feature allowing users to look up the price index of the cryptocurrencies.
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Last month, Twitter unveiled a price index allowing users to search the current prices of two of the biggest cryptocurrencies: Bitcoin BTC/USD and Ethereum ETH/USD. However, Elon Musk’s beloved Dogecoin and SHIB did not make the cut at that time.
Price Action: At the time of writing, BTC was trading at $18,797, up 3.83%, and DOGE at $0.080, up 1.61%, in the last 24 hours, according to Benzinga Pro.
Image and article originally from www.benzinga.com. Read the original article here.