Can This Investor Who Turned $10K into $1M with Dogecoin (DOGE) and Shiba Inu (SHIB) Do It Again with This Token Under $0.10?
Another popular meme piece is Shiba Inu (SHIB), which is negotiated at $ 0.00001. The asset decreased by 14.12% in the last 24 hours and has a daily negotiation volume of $ 417 million. Shib succeeded last year, but the price dropped by more than 50% compared to its November summit.
Total locked value (TVL) of Shibarium, the layer 2 network, which facilitates that the higher Shib utility has crossed a dive. In mid-February, TVL fell from a summit of $ 6.27 million at around 2.3 million dollars. In addition, the active accounts on Shibarium have gone from nearly 4,500 to around 1,260.
The Crypto $ Shib Knight trader highlighted potential signs of renewed interest, but the feeling of the market remains cautious. While some SHIB holders are waiting for recovery, others explore emerging opportunities in cryptographic space.
