Markets· ★★· bullish·

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