Shiba Inu Price: The Bitcoin price reversal from the new All time high of $69000 has weakened recovery momentum in the broader market. The overhead supply sparked fresh corrections in altcoins including the popular meme coin Shiba inu. In the last four days, the SHIB price witnessed a drop from $0.0000456 to $0.0000292 accounting for a 35% drop. Will this correction prolong in March or buyers take control again?
Also Read: Shiba Inu: SHIB’s 2 Tln Move Sparks Speculations, Price To Reach $0.0001?
Shiba Inu’s New Address Surge Highlights Investor Confidence
The last two weeks have been a blessing for meme holders as the sector outperformed the broader market with a robust recovery trend. The meme cryptocurrencies like Dogecoin, Shiba Inu, Pepe Coin, Bonk, and Floki witnessed triple-digit gains marking a notable change in the market dynamics.
The second largest memecoin Shiba Inu jumped from $0.00000934 to $0.0000456, registering a growth of 389%. However, with the Bitcoin price rever
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