Shiba Inu Price Prediction – Can SHIB Overtake Dogecoin?
Shiba Inu has dropped by 0.6% over the past 24 hours. At the time of writing, the meme coin was trading at $0.00001004. SHIB has dropped by 12% over the past two weeks, according to data from CoinGecko. Shiba Inu price analysis SHIB has been on a sharp bearish streak, as seen in the meme coin' s notable decline of 64% on a year-to-date (YTD) basis. SHIB has lost 88% of its value since reaching an all-time high in October 2021. During the past 24 hours, SHIB has reported slight volatility, with the price trading between $0.00000979 and $0.00001017. The lack of significant price movements stems from the performance of the broader cryptocurrency market. The global cryptocurrency market cap currently stands at $957 billion. Over the past 24 hours, SHIB has reported trading volumes of over $184 million, showing that the buying and selling momentum is not as high as it usually is when strong price movements are recorded. Nevertheless, SHIB's lack of performance mi...