SHIB down 1.5% against Bitcoin

Down 2.44% against Ethereum

within 24 hours.

SHIB is down 47.4% in the past 30 days, but has gained 476.31% in the 90-day period.

The meme coin hit an all-time high of $0.00008845 in late October and is currently trading 55.72% below that level.

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At press time, SHIB’s 24-hour appreciation was higher than that of rival DOGE. DOGE gained 2.34% during the period.

Major currencies rose on Sunday night after sharp losses over the weekend, plagued by concerns related to the Omicron variant of Covid-19. At the time of this article’s publication, the global cryptocurrency market capitalization has risen by 5.38% to $2.57 trillion.

Shiba Inu weathered Friday’s cryptocurrency crash better than rival cryptocurrency DOGE and other major tokens.

According to Cointrendz, 2,694 tweets mentioned SHIB at press time, while 4,185 tweets mentioned DOGE at press time.

The three most-mentioned coins were BTC, ETH, and Solana, with 10,354, 6,497, and 4,769 tweets registered, respectively.

According to data shared on Twitter by the platform CryptoRank, SHIB remained ahead of DOGE in terms of Twitter mentions in November and was the second most mentioned coin this month.

Since then, SHIB has been encouraged by a series of recent events. On Sunday, David Volk, former vice president of technology at Activision Blizzard Inc., announced his departure.

, will cooperate with the project to develop non-fungible tokens or NFT games, which will be related to the Metaverse.

Technology retailer Newegg Commerce Inc

It was confirmed on Twitter over the weekend that he would be adding SHIB. The company already supports BTC and DOGE as payment options.

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