Shiba Inu’s 208% Surge This Year Sparks Predictions Of Top 10 Crypto Ranking In 2025
Posted On December 7, 2024
Dog-themed meme coin Shiba Inu (CRYPTO: SHIB) has surged by 208% so far in 2024, catapulting its market capitalization to $18.28 billion.
What Happened: Currently positioned at number 12, Shiba Inu’s consistent rally since the beginning of Q4 2024 has led crypto analysts to forecast its potential rise into the top 10 cryptocurrencies by market cap.
The price of SHIB rose from a low of $0.00001079 on August 5 to $0.00003318 on December 1, before slightly pulling back to $0.00003090.
This impressive rally has shattered multiple resistance levels, with the next resistance marked at $0.00004575, a yearly high achieved in Q1 2024. Despite …
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