
Shiba Inu extends gains above $0.0000060 as volume and Open Interest climb
- —SHIB trades near $0.0000062 after rallying over 10% on Monday
- —SHIB Chain trading volume rose from 74.69 million to 210.90 million in two days
- —Open Interest in SHIB reached 12.93 trillion coins
- —Funding rate flipped positive on September 16, reading 0.0099%
Why it matters: Rising volume, Open Interest and positive funding suggest new longs are entering, potentially extending the rally toward resistance at $0.0000068.
Source: FXStreet Crypto