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73 Greed

Shiba Inu trading volume surges after SHIB launches on Solana

Shiba Inu trading volume surges after SHIB launches on Solana Image: U.Today
Image via U.Today.

Shiba Inu has launched on the Solana network, giving users there direct access to trade the token. CoinMarketCap data cited in both reports shows SHIB's 24-hour trading volume rising sharply after the launch. U.Today reported volume above $95,890,000, up 171.8%. ZyCrypto reported volume near $101 million, up 199%. SHIB traded around $0.000005959, up 4.36%, per U.Today, and near $0.000005943, up roughly 2%, per ZyCrypto.

Key points

  1. Shiba Inu launched on Solana, letting users on that network trade and interact with the token.
  2. CoinMarketCap data cited in both reports shows a sharp rise in SHIB's 24-hour trading volume after the launch.

Why it matters

Solana users can now access SHIB without leaving the network, and the reports show the launch coincided with a jump in trading volume and price. Reported volume and price figures differ between the two accounts.

What's unclear

The two reports give different 24-hour trading volume figures for SHIB, over $95,890,000 with a 171.8% increase and near $101 million with a 199% increase.
The two reports give different SHIB price and percentage change figures.

Price context · SHIB

At publication
$0.00000584
Now
$0.00000578
Change since
−1.03%
7 days · dashed line = publication

Sources · 2 publishers

U.Today Tier 2 First report
Shiba Inu Trading Volume Soars 171% After Launch on Solana
ZyCrypto Tier 3
Shiba Inu Trading Volume Explodes 199% After Debut on Solana: Could SHIB Be Primed for a Q4 Memecoin Explosion?

Coverage timeline

  1. First reported by U.Today
  2. Confirmed by ZyCrypto
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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