Can Shiba Inu Price Skyrocket 60% As Short-term SHIB Holders Capitulate?

cryptonews.net 28/12/2024 - 01:49 AM

Shiba Inu Price Analysis

Shiba Inu price, a popular meme-based altcoin, has entered a bearish trend following a broader crypto market correction. After a strong two-month bullish rally, SHIB has faced significant pullbacks as short-term holders begin to capitulate.

The crypto market remains bearish, with Bitcoin trading below $95,000. As the year nears its end, investors are speculating whether Shiba Inu can rebound, potentially skyrocketing by 60% in the coming weeks.




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    Greed and Fear Index

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