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.