Shiba Inu gains over 30% in just 2 days as Kraken announces SHIB

(SHIB), a Dogecoin-inspired meme cryptocurrency, has emerged as one of the best performers across traditional and crypto markets entering the new weekly session as its price climbed by over 30% week-to-date.

SHIB’s price reached $0.00005155 Tuesday after bouncing from its technical support near $0.00003560 at the beginning of this week. Its rebound signaled a shift in trend, especially after the last week’s broader market sell-off, induced by concerns related to the new COVID-19 strain, dubbed Omicron.

SHIB price chart technicals

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