Analyst Predicts Shiba Inu Price to End 8-Month Correction; Is $0.00004 Rally Close?

Quick Summary:

As Bitcoin price dives below the $70,000 threshold, most major altcoins, including popular memecoin coin SHIB, showed renewed selling pressure.

The crypto market has witnessed a bearish turnaround ahead of the U.S.presidential election.

Amid the pre-election pullback, the SHIB price plunged from $0.0000198 to $0.000017, registering a 13% drop.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Shiba inu price analysis SHIB Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 17:50:33 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23371283

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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