Binance’s Shiba Inu ( SHIB) futures transactions exceeded $100 million.
Although there is a calm period in the crypto money market, there are bullish scenarios in memecoins. FLOKI and SHIB are spending the day up more than 5 percent. If Bitcoin 29 thousand band is fighting a tough fight. In the midst of all these processes, a new data emerged on the SHIB side. to Coinglassaccording to, SHIBinterest in futures With 101 million dollars, it saw its highest level since February 5th.
SHIB is on the rise; There is an inflow of money into futures transactions!
According to Coinglass data, there is an increase in money inflows into SHIB futures. Binance’s SHIB futures reached $101 million. Futures entry, which has reached the highest level since Feb. 5, is associated with the rise in SHIB price.
SHIBwith an increase of almost 10 percent on the day. 0.00001093 dollars spends at the level. The popular memecoin project has garnered a lot of attention.
SHIB’s market cap has soared 32 percent on sentiments that the upcoming layer 2 launch will push the crypto project forward. SHIB, $6.58 millionachieved a market value.
The increase in market capitalization and the peak interest in futures indicate that new money is entering SHIB. Coinglass stated that increased inflows into SHIB futures tend to occur at temporary BTC price peaks.
