Shiba Inu Rallies 19%: Can It Hit $0.00002 This Week?
Shiba Inu (SHIB) is following the market-wide upswing. The popular dog-themed crypto has rallied 4.6% in the daily charts, 16.6% in the weekly charts, 19.1% in the 14-day charts, and 13.3% over the previous month. While the rally has instilled new bullish sentiment among investors, SHIB’s price is still down by 21.3% since July 2024. Source: CoinGecko Is Shiba Inu on Its Way to $0.00002? Source: Token Metrics SHIB’s latest rally is likely due to Bitcoin (BTC) hitting multiple new all-time highs over the last few days. The original crypto has hit a new peak of $122,369 earlier today, July 14, 2025. According to CoinCodex analysts, SHIB’s price may consolidate around the $0.000014 level over the next few weeks. The platform predicts SHIB will breach the $0.00002 mark on Aug. 22. Source: CoinCodex There is also a possibility that the market will face a dip over the next few weeks. The latest rally is likely due to big players putting their money into crypto. Retail player...