SHIB, LTC Marginally Higher During Volatile Start to the Week – Market Updates Bitcoin News
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The start of the week has been a volatile one for the crypto market, with many of the major coins seeing some significant price movements. Bitcoin, Ethereum, and Ripple have all seen sharp declines, while Litecoin and SHIB have been marginally higher.
SHIB, the native token of the Shiba Inu project, has been among the better performers this week. The coin has been trading in a range between $0.000009 and $0.000011 over the past 24 hours, and is currently up by 0.3%.
SHIB has been one of the more popular coins this year, and has seen a massive surge in its price since it was launched in late May. The coin has gained over 1,200% since then, and is now ranked in the top 20 cryptocurrencies by market cap.
Meanwhile, Litecoin has also seen some positive price action this week. The coin is up by 0.5%, and is currently trading at $190. The coin has been trading in a range between $187 and $193 over the past 24 hours.
Litecoin has been one of the best performing coins this year, and is up by over 250% since the start of 2021. The coin is now ranked in the top 10 cryptocurrencies by market cap.
Both SHIB and Litecoin have seen some positive price action this week, while other major coins have been struggling. Bitcoin, Ethereum, and Ripple have all seen sharp declines, as investors remain cautious amid the ongoing market volatility.
It remains to be seen if SHIB and Litecoin can hold onto their gains, or if they will succumb to the downward pressure of the rest of the market. For now, though, it looks like the two coins are off to a good start this week.
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