Shiba Inu SHIB/USD is asking Coinbase Global Inc COIN to be its valentine amid a renewed cryptocurrency rally.
| Time-frame | % Change (+/-) |
|---|---|
| 24-hour | 20.8% |
| 24-hour against Bitcoin | 16.5% |
| 24-hour against Ethereum | 17.7% |
| 7-day | 56.6% |
| 30-day | -19.3% |
|
YTD performance |
-0.7% |
See Also: How To Buy Shiba Inu (SHIB)
Why It’s Moving? The project linked to the Shiba Inu coin sent out a tweet Monday, asking Coinbase to send it a direct message. Referring to Valentine’s Day, Shiba Inu said the two companies have a “pending ‘match.’”
Recent data from Coinbase indicated that a majority of investors on the exchange are bullish on Shiba Inu.
Coinbase listed Shiba Inu last year after first making trading available on its Pro platform.
SHIB was the second most mentioned coin on Twitter behind Bitcoin BTC/USD at press time. It attracted 2,796 tweets, while BTC was mentioned in 5,639 tweets, according to Cointrendz data.
The Dogecoin DOGE/USD rival was also noted trending on CoinMarketCap, a cryptocurrency price-tracking website.
Shiba Inu Chatter: The valentine's day reference attracted 4,573 retweets and 19,800 likes and got the Crypto Twitter wondering on the meaning behind the sudden affection for Coinbase.
Read Next: Bitcoin, Ethereum, Dogecoin Break Away From Stocks — Is A 'Bit of A Short Squeeze' Responsible?
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
