Shiba Inu Price Prediction: Can The Coin Reach $0.0001 Soon?
Over the course of 2024 thus far, the Shiba Inu coin has been one of the more dominant meme coins on the cryptocurrency market. Following the approval of Spot Bitcoin ETFs and key updates to Shibarium, SHIB went on a tear on the markets, only just recently slowing down its surge and returning to earth. Despite a slight dip in the last 24 hours, Shiba Inu remains up 4% in the last seven days and up nearly 12% since the start of May. Its market cap has also climbed in the past month, currently sitting at nearly $15 billion. With hype reaching near-all-time highs around the dog-themed currency, price predictions are bullish for SHIB. Also Read: Shiba Inu: Will SHIB Hit a New All-Time High in June 2024? What Are Analysts Seeing In Shiba Inu’s Current Charts? Source: Twitter Analysts are pointing out a positive triangle on the recent SHIB charts, indicating a continued rise in price. SHIB price is currently in an ascending triangle and almost at the end. Typically, ascendi