Why is Shiba Inu rising?

Neelanjit Das. The prices of Shiba Inu (SHIB) have surged recently. At one point, it jumped by almost 50 per cent. The meme coin was trading at $0.00003013 today, down by almost 8 per cent due to profit booking by some investors in the last 24 hours , according to data from Coinmarketcap.11 Şub 2022

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Will Shiba reach $1?

Since the token showed its true potential for growth, the financial media and SHIB have been rooting for the token to hit the US$1 mark. But currently, the journey to the US$1 mark is quite long , considering Shiba Inu’s present market value is around US$0.00002133, according to coinmarketcap.

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