Shiba Inu's Market Cap Rises as Shibarium Launches and Sonik Coin Surges
TL;DR Summary
Shiba Inu (SHIB) has surpassed Litecoin (LTC) in market capitalization, taking the fourteenth spot in the crypto rankings. Despite a market downturn, SHIB's bullish investors have placed active orders to defend their positions, with demand exceeding supply. The price of SHIB is predicted to consolidate above the $0.000007 support level, with potential for a rally back toward $0.000010 if industry headwinds taper off. Shiba Inu's growing adoption and expansion into markets like India and China contribute to its thriving community.
- Shiba Inu (SHIB) Is Now the 14th Biggest Crypto by Market Cap BeInCrypto
- Shiba Inu is Going to Zero as SHIB Price Falls 15% After Shibarium Launch and Sonik Coin Surges Past $100,000 SamC Cryptonews
- Mysterious Shiba Inu Whale Moves Trillions Of SHIB Amidst Shibarium Launch Benzinga
- Shiba Inu's Shibarium Network resumes block production after brief pause Cointelegraph
- Shiba Inu price struggles to push north, with only 13.77% of total SHIB addresses currently in profit FXStreet
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