Shiba Inu coin is struggling to rise
What are the latest predictions for Shiba Inu coin? Shiba Inu coin has hit a big slump recently, failing to capitalize on any new enthusiasm or hype, according to FX Street, which monitors trends for cryptocurrencies and stocks.
- “The dog-themed cryptocurrency has managed to recover slightly, but a 5% dip below the current price may push it lower,” according to FX Street.
- The coin has been heading downward since May and hasn’t returned to the record highs it once reached.
One other new popular cryptocurrency is the the Sanshu Inu coin, which is another meme-based, dog-based cryptocurrency. A single sanshu coin is worth less than $0.00000001, per MarketRealist.
- “Currently, Sanshu Inu is a very small token in relation to many other cryptos out there today,” according to InvestorPlace.com. “However, investors intrigued by the growth potential of such crypto options have continued to pile into these names of late.”