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Breaking Crypto News Flash: Crypto market update: price analysis of Theta Network (THETA) and Shiba Inu (SHIB)
The cryptocurrency market seems to have woken up with a smile this morning: will the price of THETA and Shiba Inu follow the bullish trend of Bitcoin and Ethereum?
Overall, the rest of the altcoin landscape seems to be moving in a positive direction.
THETA and Shiba Inu cryptocurrency price updates
THETA, a coin of the blockchain network of the same name that specializes in streaming video, has gained 5.13% in price on the cryptocurrency market in the past 24 hours.
The current price is $1.11 per coin, with a market capitalization of $1.1 billion and trading volume of about $20 million, about half of what it was yesterday.
There has been a rise in the price of this cryptocurrency over the past 7 days, which seems to be trying to recover all the value lost since mid-2021.
On the other hand, SHIB, the token of the Shiba inu project, is up 2.02% in the last 24 hours, while its best friend DOGE is up 6.64%, showing more market appeal.
SHIB is priced at $0.0000112 per token, has a market capitalization of $6.6 billion and an average trading volume of $260 million, up 58% from yesterday.
SHIB dynamics over the last 7 days is very similar to THETA dynamics, as both cryptocurrencies were helped by Bitcoin and Ethereum growth.
Ethereum, in particular, rose 6% in the last 24 hours, contrary to all expectations of the community, which expected a collapse after the unblocking of accumulated ETH planned by the Shapella update.
