Shiba Inu (SHIB) Falls 0.03%, Outperforms the Crypto Market Wednesday

Shiba Inu (SHIB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has dropped 3.15% to $0.00001025005134.

InvestorsObserver is giving Shiba Inu a 36 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!

Moderately Volatile

InvestorsObserver gives Shiba Inu a moderate volatility rank of 36, placing it in the bottom 36% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.


SHIB’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Shiba Inu price is favorably positioned going forward. With support set at $0.00000995416015490561 and resistance at $0.0000104716626402144. This leaves Shiba Inu with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

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