$This week there was a significant increase in the price of Shiba Inu (SHIB), briefly surpassing the market capitalization of Cardano (ADA) and becoming the most talked about topic in the crypto community. However, its price fell after the general market correction. đ
SHIB became one of the industry's top performers with a double-digit increase on May 29. Its market capitalization temporarily surpassed $17 billion, surpassing Cardano (ADA) to become the 11th largest cryptocurrency. đ
However, SHIB's success was short-lived and its price fell 7% in the last 24 hours. Its market capitalization fell below $16 billion, making it the 12th largest asset in the crypto industry.
The situation is even worse among meme coins. Pepe (PEPE), Floki Inu (FLOKI), and Bonk Inu (BONK) are among the worst performers with double-digit losses. đą
Early Bitcoin (BTC) investor Davinci Jeremie predicted that SHIB value could break through the 0.000025 or 0.00003 resistance zones and surge 130% to 0.00006. $SHIB
So, what do you think and what are your predictions about SHIB's future moves? We are waiting for your comments! đŹđ
