Shiba Inu (SHIB) Price Analysis

The memecoin market has also felt the effects of the recent market decline, with Shiba Inu Coin (SHIB) falling sharply this week. The memecoin has fallen nearly 18% in the past 24 hours. SHIB has been unable to break above $0.000017 and fell 5.05% to $0.0000163 on Wednesday. On Thursday, the entire cryptocurrency market was experiencing a correction, and selling pressure intensified, with SHIB falling nearly 11% to $0.0000146. In the current trading session, SHIB is down 8.61%. If the price continues to fall, we may see SHIB fall to $0.000013, where buyers may enter the market. A break below this level may see a significant decline.

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