This is a Shibarium Scan news story, published by CoinGape, that relates primarily to CoinGecko news.
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SHIB pricesCoinGape
•64% Informative
Shiba Inu price dropped 5.6% during European business hours on Thursday to trade at $ 0.00001624 .
The number of transactions on the network hit an all-time high today , per Shibarium Scan .
CoinGecko data shows a 25% increase in 24-hour trading volume, but it is relatively low, suggesting a lack of buying interest at the current price levels.
Shib token price is in a downtrend, characterized by lower highs and lower lows.
The asset is trending below the 50-day and 200-day exponential moving averages.
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