Shiba Inu (SHIB) – brief analysis by CryptoDaily
SHIB’s price had a fantastic week after increasing by 8%, making it the best performer on our list. While most altcoins struggle to find their footing, meme coins like SHIB have been performing well.
The price moved above $0.000025, which has now turned into support. The initial breakout was quite strong, and since then, the price has entered a pullback. Nevertheless, as long as the asset stays above $0.000025, buyers have the upper hand.
Looking ahead, SHIB has made a higher high and appears determined to capitalize on this momentum. If successful, buyers could see this meme coin break $0.00003 in June.
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