Can Shiba Inu (SHIB) Hit 1 Cent Before 2025?
Shiba Inu (SHIB), the second-largest meme coin, had a dull weekend. The asset witnessed a massive dip, but it did much better than last week. In the previous seven days, SHIB dropped to a low of $0.00001621 following a 3.76% dip. At press time, the meme coin was trading at $0.000018 with a slight spike of 1.77% over the past 24 hours. Also Read: UAE Central Bank Approves AED Stablecoin: A New Era Begins Factors Influencing Shiba Inu’s Price And Future Predictions Source But the community was hopeful as whales made some noise in the SHIB market. According to data from Coinglass, the Spot netflow of SHIB revealed that the network witnessed seven days of outflows. This is bullish for the asset and its price since it shows that the previous data of huge transactions may represent whales hoarding SHIB tokens. Whale Activity And Its Impact The real question is whether this is enough for the meme coin to reach its much-awaited milestone of 1 cent. To hit this mark, the asset has to surge...