Shiba Inu has become a sensation on social media after registering a surge of about 30% over the weekend. The surge sent SHIB price to a high of $0.00001766 before retracing to its current price of $0.00001575.
At the time of writing, Shiba Inu was still bullish as analysts still predict a further price in the coming days.
To help new investors and traders who are eyeing the coin, Coinjournal has created on why SHIB surged over the weekend while also providing insight on some of the best places where SHIB can be purchased.
To find out more, please continue reading.
Approximately ten days ago, Binance also announced that it had added AVAX and SHIB support on its payment cards issued in Europe thus giving Shiba Inu more exposure to the European market.
A majority of crypto analysts predict a further SHIB Inu price surge in the coming days seeing that SHIB has broken out of a prevailing cup-and-handle pattern. The breakout has raised Shiba Inu’s prospects of registering a further price hike.
The majority are expecting the meme coin to register a 50% surge by September with a price target of $0.00002253.
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