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Benzinga
Benzinga
Business
Melanie Schaffer

'Dogecoin Killer' Shiba Inu Steadies After Increasing Volatility: A Look At The Trading Patterns

Shiba Inu (CRYPTO: SHIB) suffered some volatility during Monday’s 24-hour trading session, whipsawing up and down between $0.00000854 and $0.0000094.

The volatility was instigated by Binance CEO and founder Changpeng "CZ" Zhao, who took to Twitter to try and calm investor fears over the liquidity crisis caused by the decimation of Sam Bankman-Fried's FTX trading platform last week.

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