If Shiba Inu Hits $0.01, How Many Tokens Do You Need To Become a Millionaire?
The broader crypto market has been in the correction of late. Bitcoin has dropped by 2% over the past day, while Ethereum has shed around 1% of its value. Most other assets have followed suit and were seen trading in red at press time. Such was the case with Shiba Inu’s price as well. SHIB has been on a downtrend since mid-April. As depicted below, the asset’s value is down by roughly 27% when compared to April 16’s local peak of $0.00001188. Over the past fortnight, Shiba Inu has managed to cling onto its support around its current price and has been trading horizontally on its daily timeframe chart. SHIB/USDT by TradingView Also Read: 20 Trillion Shiba Inu ‘Moves’ In Quick Succession: Details SHIB has been replicating the broader market’s movements owing to the rise in its correlation with mainstream assets. Towards the end of March, it shared a negative correlation with Bitcoin and a null and void correlation with Ethereum. The dynamics have flipped since then and SHI...