$SHIB Analysis for Mid-December
SHIB is a meme coin that remains one of the top popular tokens in its category. Despite being a risky meme coin, SHIB has a solid market cap of $16.16B and ranks 16th among all tokens.
All SHIB tokens are fully unlocked.
From May to mid-November, SHIB was quiet with little movement. However, starting mid-November until now, the token has shown steady growth, exciting its fans.
For comparison: in summer, SHIB traded at $0.000014-$0.000021, but now it’s at $0.000024-$0.000033.
- Short-Term Analysis: The price might drop slightly before continuing to rise.
- Mid-Term Analysis: Expect a modest price increase.
- Long-Term Analysis: The price is likely to stabilize around $0.000028 before another correction.
- Current Price: $0.000027
SHIB is highly volatile. Always DYOR! 🚀
