With a 150% price surge already in 2024, Shiba Inu gears for the next leg of the rally as per its technical chart setup.
Shiba Inu has evolved into a more functional blockchain platform, offering holders the ability to engage in various DeFi activities.
Meme coin Shiba Inu (SHIB) has been recently on investors’ radar while witnessing some price uplift over the past week. So far this year in 2024, the Shiba Inu (SHIB) is up by 150% shadowing the returns of some of the top cryptocurrencies like Bitcoin, Ethereum, etc.
There’s a lot of hype that the SHIB price could rally to $0.01 during the next bull run. However, let’s take a look into how well Shiba Inu (SHIB) has been placed fundamentally.
The rapid rise of Shiba Inu to fame can primarily be credited to its affordable price, making it appealing to retail investors in search of the next potential high-growth opportunity. Amplifying the hype, social media influencers and online communities played a significant role in endorsing it

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