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Biggest Movers: SOL, SHIB Remain Near Multi-Month Highs, Despite Market Consolidation

Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global cryptocurrency market cap is currently trading 0.98% higher as of writing. Shiba inu also traded close to recent highs, despite declines on Monday.

Solana (SOL) remained near a two-month high to start the week, despite crypto markets beginning to consolidate recent gains. SOL/USD hit an intraday high of $24.75 on Monday, which comes less than a day after falling to a bottom of $22.68. This move means that the token remains close to this weekend’s high of $25.03, which was the strongest point for SOL since November 8.

Like SOL, shiba inu (SHIB) bypassed today’s price consolidation, maintaining recent highs in the process. Following a low of $0.00001009 on Sunday, SHIB/USD climbed to a peak of $0.00001099 earlier today. Monday’s action has seen the meme coin continue to trade near the two-month high of $0.00001111, hit last Friday.

Solana Solana $251.85
+1.32%
Solana Shiba Inu
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