Despite a recent correction in the broader crypto market due to the investigation of Tether by the U.S. government, Shiba Inu could still see the formation of a golden cross on its chart. A golden cross is considered a bullish signal and indicates a potential price spike. While Shiba Inu experienced a decline, it has since moved above a key price mark. However, historical data suggests that November may not be a favorable month for Shiba Inu, with the asset typically seeing double-digit losses. Nonetheless, recent developments such as the validity of the golden cross projection and increased activity on the Shibarium network could potentially turn the tide in favor of Shiba Inu. The surge in Shibarium's transaction volume may boost investor confidence and demand for Shiba Inu's ecosystem tokens.



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