Shiba Inu Sees 10% Dip: Traders Remain Bullish Amid Token Burn
Shiba Inu (CRYPTO: SHIB) experienced a 10% drop over the past week. Despite this decline, many traders remain optimistic about its future. The excitement surrounding SHIB is fueled by its aggressive token burn rate, which aims to reduce supply, and significant holdings by whale investors. Hereโs a glimpse into the current cryptocurrency landscape: **Cryptocurrency** **Price** **Market Cap** **24-Hour Change** **7-Day Trend** Shiba Inu (CRYPTO: SHIB) $0.00001263 $7.4 billion -2.7% -9.7% Dogecoin (CRYPTO: DOGE) $0.1705 $25.4 billion -2.4% -6.6% Pepe (CRYPTO: PEPE) $0.058064 $3.4 billion -2% -12.3% According to a social media post on May 4 from crypto trader Javon Marks, there is a bold expectation for SHIB to reach $0.000081. This estimate represents a potential upside of nearly 500% from current levels, making it a topic of speculation and excitement among traders and investors alike. Stay tuned for more updates on Shiba Inu as the situation unfolds.