Shiba inu moved to a five-week high during Tuesday’s session, despite cryptocurrency markets mostly consolidating. As of writing, the global crypto market cap is trading 0.20% lower, however the meme coin is up by nearly 5%. Apecoin also surged in today’s session, as it rose to its strongest point since November.
Shiba inu (SHIB) was one of Tuesday’s notable gainers, as prices of the token rose for a sixth straight session. SHIB/USD surged to an high of $0.000009593 earlier in the day, which comes less than 24 hours after trading at a low of $0.000008603. As a result of this latest surge in price, shiba inu climbed to its highest point since December 5.
Apecoin (APE) was another big mover in today’s session, extending recent gains to a fifth consecutive day. Following a low of $4.50 to start the week, APE/USD raced to an intraday peak of $4.98 earlier in the day. The move pushed apecoin to its highest level since November 5, and came following a breakout of a price ceiling at $4.60.
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