🆕 SHIB price prediction as Shibarium hits 300,000 wallet addresses

Finbold analysis:

In the world of cryptocurrencies, Shiba Inu (SHIB) has been making noteworthy strides lately. It’s presently trading at $0.000008278, marking a 2.08% increase over the past day and a modest 0.2% rise over the week. Despite its meme origins, SHIB’s market capitalization has grown to an impressive $4.8 billion.

The recent legal victory of Grayscale Investments against the U.S. Securities and Exchange Commission (SEC) has had a positive impact on the wider cryptocurrency market.

The optimism around the possibility of a Bitcoin exchange-traded fund (ETF) led to a brief surge in Bitcoin’s price, reaching as high as $28,000 after the announcement. Interestingly, SHIB also followed suit, benefiting from the improved overall market sentiment.

What to you think about the SHIB price?