Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices.
With Shiba Inu (SHIB) ranking among the biggest casualties of the ongoing crypto market correction, most investors are monitoring the token for an opportunity to regain the highs of 2021.
Notably, in recent days, SHIB has shown glimpses of rallying as developers on the platform attempt to make the ecosystem more viable by incorporating aspects such as the metaverse and decentralized finance (DeFi). At the same time, the token has recorded a drop in interest that characterized meme cryptocurrencies during last year’s meteoric rise.
The crypto community is betting on SHIB to put behind the wide-scale market sell-off and rally. In particular, data acquired by Finbold from the CoinMarketCap price estimation feature on September 30 indicates that the crypto community is projecting Shiba Inu to trade at an average of $0.000013 by...
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