Shiba Inu Surges 8% in a Week: Will the Bullish Trend Persist?

#BTC97KNewATH Shiba Inu has performed well over the past week, maintaining a green chart. On November 10, Shiba Inu was trading around $0.00001891. Being a leading meme coin, Shiba Inu mimicked Bitcoin’s price action on its road to setting a new ATH. As a result, $SHIB

peaked at $0.00003024.

However, traders were quick to cash out gains. As a result, Shiba Inu pulled back, revisiting the the $0.00002000 level. By November 17, Shiba Inu (SHIB) has stabilized at around $0.00002426. This price means Shiba Inu has gained 9% in a week.

Moreover, experts expect Shiba Inu to continue recording marginal gains, awaiting another major market event. Shiba Inu’s position as a leading meme coin makes it a favorite among speculative traders who are always on the hunt for low-price tokens that can spike sharply in short periods.