#Shiba Inu has sustained its bullish momentum over the past few weeks, as it eyes a nine-month peak after recovering from a recent slump.
In Shiba Inu crypto news, The crypto market is now showing signs of a patchy recovery push following a short period of bearish pressure. As Bitcoin (BTC) collapsed from the $99,800 peak on Nov. 22, altcoins like Shiba Inu (SHIB) suffered.
Specifically, SHIB slumped to a low of $0.000023 on Nov. 26 amid a 6% drop in three days but eventually recovered. It rode on this rebound campaign to record a 15% spike on Dec. 1 but suddenly crashed by over 7% in the days that followed to retest the $0.000026 low.
However, it appears Shiba Inu is now leveraging the ongoing market push to eye greater heights, as BTC finally hits $100,000. The meme coin witnessed a massive 14.82% price rally yesterday, soaring to a peak of $0.000033 before facing a pullback that has spilled into this morning.
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