The crypto market’s overall performance has not been impressive, including memecoins like SHIB. The prices of almost all crypto assets declined over the past few weeks. But then, the story changed just when it seemed like the market was to witness high volatility. With the strong influence of the bears, the value of digital assets took to the south. In addition, the recent collapse of one of the world’s prominent crypto exchanges, FTX, spiked an unfavorable shift in the space. Related Reading: FTX Crash Triggers Major Selloff In Solana Price – How Deep Will SOL Dive? Following the trend in the market, the leading memecoins have shown strength in their movement. Though the entire market suffered, memecoins fared more positively than most crypto tokens. Over the last week, Dogecoin (DOGE) rose by almost 14%. On its part, Shiba Inu (SHIB) has given a tremendous upward movement. This new strength in SHIB is raising eyes if the token could make more positive progress in the coming weeks. Will SHIB Record A Price Jump Soon? Despite the prevai ..
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