#BSCOnTheRise Crypto watchers are extensively eyeing the dog-themed meme coin amid a highly bullish Q4. However, $SHIB

price traded at $0.00002529, down 1% intraday. Its 24-hour low and high were $0.00002436 and $0.0000264, respectively.

Nevertheless, the monthly chart for the crypto indicates gains of 48%. This broader bullish movement, accompanied by the abovementioned movements, has kept investors optimistic about future movements.

Moreover, a recent Shiba Inu price analysis by CoinGape indicated that the token already eyes further gains as its supply continues to shred due to constant token burning. Market watchers remain bullish as the Q4 ripple effect is yet bullish, followed by recent ecosystem developments.