Shiba Inu (SHIB), a top meme coin, jumped 4% over the past 24 hours, with signs of more rallies ahead. The breakout on the daily charts comes amid a broader market rally, with Bitcoin now eyeing the $70,000 level.

Shiba Inu completes hourly golden cross

According to CoinMarketCap data, SHIB is currently trading at $0.0000060, following a 4.7% increase in price within 24 hours.