$BTC $SHIB
Shiba Inu (SHIB) is expecting something big, an interesting update that will pique the interest of the community
The Shiba Inu (SHIB) has been a great joy to the community after an intense walk over the past week. According to current market data, the cryptocurrency is witnessing a reversal in its price as the token fell by 3.56% over the past 24 hours to $0.00003782. Despite this sell-off, Shiba Inu stock is still up 243.83% in the past seven days.
The Shiba Inu's success story so far in March is mainly based on overall hype in the mainstream market, driven by the price of Bitcoin rising to an all-time high (ATH). The second is modernizing the Shiba Inu ecosystem, as explained by Chitoshi Kusama.
One recent update includes a forecast from Kusama, in which he notes that the value of the Shiba Inu could exceed $100 billion in the long term. This prediction came after the price of the Shiba Inu returned to the $0.00004 level, with its market value exceeding $13 billion. The rise in Shiba Inu's market cap has helped displace Avalanche (AVAX) as the tenth largest cryptocurrency.
Despite the ongoing correction, the Shiba Inu's resilience was on display, with the price holding above the $0.000035 level.
