Screenshot Of "Shib Army," An NFT Artwork On Sale At Rarible.com
As for the coin that the fans support, it is up a whopping 2,161.05% on a seven-day trailing period. SHIB traded 143.9% higher at $0.000035.
DOGE, now the fourth-largest coin by market capitalization, traded 12.4% lower at $0.46. The apex cryptocurrency,
Bitcoin (BTC), was down 7.35% at $54.871.32 at press time.
Why It Matters: As of press time, all 250 NFT art pieces sold by SHIB ARMY were available for bidding.
As per the SHIB ARMY description on Rarible, “after purchasing you will officially be commissioned into the SHIB ARMY!”
A key factor in the propulsion of SHIB is the role played by Chinese investors, who are swayed by their domestic social media momentum.