The sharp upside retracement surfaces as retail frenzy around Shiba Inu hints at testing May peak levels.
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Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days
The Dogecoin spinoff sprinted past popular blockchain protocols like Stellar and Polygon to become an $11 billion crypto project.
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‘Much ow’ ahead? Dogecoin chart fractal puts Shiba Inu’s 390% QTD rally in danger
SHIB is notably mirroring its mentor Dogecoin’s price moves from the Feb-April 2021 session, raising possibilities of dump ahead.
Read moreDogecoin: A Brief History Of Crypto’s Greatest Meme
Dogecoin: one of crypto’s most hyped coins. It seems as if it is always in the mouths and minds of young investors. Moreover, more notable
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Even Elon Musk can’t save Dogecoin from crashing another 60%, analyst asserts
The meme cryptocurrency has crashed by over 60% from its May 8 peak and one analyst believes it has another 60% deeper to go.
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Dogecoin frenzy forces UK fund manager to offload $1.1-billion Bitcoin stash
Ruffer revealed on Tuesday that it had sold its $600-million position for $1.1 billion, citing concerns over excessive speculation across the cryptocurrency market.
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