Why Shiba Inu Crypto Is Climbing Today

·2 min read
Why Shiba Inu Crypto Is Climbing Today

The cryptocurrency market is seeing recent losses extend into another day of trading, but Shiba Inu (CRYPTO: SHIB) is gaining ground. The popular meme token's price was up roughly 1% over the previous 24-hour period as of 6 p.m. ET Thursday. Investors have generally been moving out of speculative, high-risk investments amid mounting valuation concerns and macroeconomic risks, but there's recently been some movement back into select cryptocurrencies.

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