The price of the Dogecoin-inspired meme cryptocurrency has been consolidating inside a structure that appears like a Bull Pennant.
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The price of the Dogecoin-inspired meme cryptocurrency has been consolidating inside a structure that appears like a Bull Pennant.
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The sharp upside retracement surfaces as retail frenzy around Shiba Inu hints at testing May peak levels.
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The Dogecoin spinoff sprinted past popular blockchain protocols like Stellar and Polygon to become an $11 billion crypto project.
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SHIB is notably mirroring its mentor Dogecoin’s price moves from the Feb-April 2021 session, raising possibilities of dump ahead.
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Nonetheless, the Dogecoin-knockoff token was down by more than 80% from its record high of $0.00005.
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