CandleFocus

Shiba Inu to Erase Zero? SHIB Hits Critical Level Amid 70% Rise

The dog-themed cryptocurrency Shiba Inu (SHIB) has seen impressive momentum, with a 50% rise in the last 24 hours and a 70% gain in the past week. The positive sentiment in the cryptocurrency market and the search for opportunities in altcoins have contributed to SHIB's recent gains. Currently trading at $0.0000271, SHIB has surpassed a previous price level and could potentially reach $0.0001, which would represent a significant milestone. SHIB's rapid price increase has surprised the market, and it has reentered the top 10 cryptocurrencies by market capitalization. As Bitcoin has surged past $80,000, SHIB has benefited from the overall bullish sentiment. The market is closely watching SHIB's next move and if it can sustain its recent gains.

Related News