Shiba Inu could rise 15% by the end of the week, here’s why
Shiba Inu price has recovered from a massive sell-off earlier in the week. The revival comes as SHIB takes advantage of the broader rally in the crypto industry, with Bitcoin (BTC) steadily peeling off its losses by rising 5.33% in the last 24 hours. Arguably the meme coin has the most desirable sentiment among its peers based on ecosystem-related fundamentals.
XRP price has been rising impressively, drawing investors towards the crypto asset. However, these traders might want to brace for a potential pullback following the recent rallies despite the Ripple community preparing for a win against the SEC.
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Bitcoin dominance hit its highest level since June 2022 and BTC price steadied above the $28,000 level. Altcoins like Fantom (FTM), Cardano (ADA) and Avalanche (AVAX) started their recovery with the alt season narrative heating up.
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