Shiba Inu is currently the 11th largest crypto coin with a market value of nearly $24 billion, according to reports. Over the coming 24 hours, we could likely witness a consolidation across the spectrum,” said chief executive officer and co-founder, Mudrex, a global crypto trading platform. A huge buying volume kept the coin pumped up. “The meme coin, Shiba Inu, continued its dream run over the past 24 hours. This is a whopping 43.84 per cent increase over the course of the last 24 hours, mostly due to the huge amount of Shiba Inu token purchase made by the anonymous buyer. The volume of all stable coins was standing at $113.20 billion, which is 79.38% per cent of the total crypto market 24-hour volume. The total crypto market volume over the last 24 hours was $142.61 billion. However, the crypto market cap was down by 6.60 per cent over the course of the last 24 hours, data available at CoinMarketCap showed. The altcoins surged up to 7,72,734.25 per cent on Wednesday. The value of one token stood at $0.00005375 at this time. The global cryptocurrency market cap on Wednesday, October 27, was standing at $2.48 trillion on a day emerging altcoin Shiba Inu registered record growth after an anonymous buyer purchased 277 billion tokens. The SHIB token, as it is known among those familiar with crypto, was up by 27.22 per cent at the time of writing this article. 6 Cryptocurrencies Rise Up To 7,72,734.25% in 24 Hours Shiba Inu at Record High
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