{"id":300912,"date":"2024-05-13T18:30:02","date_gmt":"2024-05-13T13:00:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/reasons-why-shib-poised-to-hit-0-0001-in-2024-crypto-news\/"},"modified":"2024-05-13T18:31:53","modified_gmt":"2024-05-13T13:01:53","slug":"reasons-why-shib-poised-to-hit-0-0001-in-2024-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/reasons-why-shib-poised-to-hit-0-0001-in-2024-crypto-news\/","title":{"rendered":"Reasons Why SHIB Poised To Hit $0.0001 In 2024 – Crypto News"},"content":{"rendered":"

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The path of least resistance is gradually flipping upwards for many cryptocurrencies, based on market data from CoinMarketCap<\/span><\/a>. After sweeping through liquidity almost at $60,000, Bitcoin (BTC) price<\/span><\/a> recovers above $62,000. Meanwhile, the Shiba Inu Coin price analysis suggests that buyers are quickly gaining an upper hand. This also means that SHIB is poised for a run-up to close the week above $0.00003 bolstered by growing interest in meme coins as Bitcoin and other major altcoins struggle to find direction.<\/p>\n

Shiba Inu Coin Price Analysis As The Journey To $0.0001 Begins<\/h2>\n

As the crypto market struggles to find direction, leading meme coins like Shiba Inu<\/span><\/a> and Dogecoin are getting attention from investors, seeking alternative strategies to avoid the ongoing Bitcoin doldrums.<\/p>\n

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Shiba Inu Coin increased by 4% to $0.00002341 on Monday backed by a modest 162% surge in the 24 hours trading volume to $475 million. A notable 5% increase in the market cap to $13.8 billion reinforces the new bullish grip.<\/p>\n