SHIBA INU LOOKS TO BE LEADING THE PACK

IN a week of red charts, dog meme coin Shiba Inu has offered one of the few hints of green with an admirable performance against the prevailing winds of crypto winter. The much-loved token, albeit priced around $0.000010, was adopted as a rival to the controversial Dogecoin – a favourite of Elon Musk.

Across the last seven days it has risen almost 30 per cent, with some analysts suggesting this is in direct response to the Tesla chief closing in on being handed the keys to Twitter. Trading activity on SHIB showed a swing of 77 per cent into the buy range last night as 24-hour volume hit $2.9bn – a lift of 221 per cent.

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