Shiba Inu's Market Cap Rises as Shibarium Launches and Sonik Coin Surges
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.