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56 Billion Shiba Inu (SHIB) Added in 24 Hours Amid Recovery Above $0.000005

56 Billion Shiba Inu (SHIB) Added in 24 Hours Amid Recovery Above $0.000005

Photo: U.Today

Shiba Inu is trading at $0.00000510 after bouncing from a daily low of $0.00000493. The price is back above the $0.000005 level, but a large amount of SHIB moved onto exchanges at the same time. That combination makes the recovery hard to trust. Exchange data suggests growing supply. Exchange reserves for SHIB now stand at 87.2364 trillion tokens , up 0.06% in 24 hours. The seven-day chart shows a clean climb in the past couple of days. The dollar value of these reserves is about $441.4 million, up 0.86%.

Source: U.Today

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