SHIB surges to 6-week high, whilst ETC moves to 2-month peak.
Shiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the green, with price hitting a two-month high.Shiba inu was one of Friday’s notable movers, as the meme coin moved to a six-week high.
Following a low of $0.000009227 on Thursday, SHIB/USD raced to an intraday peak of $0.000009711 earlier in today’s session. As a result of today’s surge, the meme coin hit its highest point since December 5, when it traded as high as $0.00001016.SHIB/USD – Daily ChartAs of writing, the index is tracking at 71.74, which is deep in overbought territory.
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