SHiba Inu price prediction: The meme coin hype has gone down significantly over the last few weeks, with Shiba Inu (SHIB) and Dogecoin (DOGE) the two leading crypto assets with respect to market capitalization in this category staying relatively stable.
Most investors are currently concerned about the potential approval of Bitcoin spot exchange-fund (ETF) which would user in a new era for the crypto industry.
In the meantime, investors can still take advantage of potential price swings among key tokens like SHIB, trading at $0.0000834 at the time of writing on Monday during US business hours.
CoinMarketCap shows Shiba Inu price has barely changed in the last 24 hours. Intriguingly, trading volume across exchanges increased by 88% to $200 million. SHIB ranks #18 among other cryptos, excluding stablecoins.
Shiba Inu Price Uptrend Weakens As Burn Rate Soars
Shiba Inu is holding below two key indicators forming a confluence resistance at $0.0000083. These are the 50 Exponential Moving Ave
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