Following Dogecoin (DOGE), Shiba Inu (SHIB), the second-largest meme token by total market value, is showing signs of reawakening. Despite a modest 7% increase in the past seven days, SHIB lagged behind its competitors in the last 24 hours. Is a Bull Run on the Horizon for SHIB? SHIB, one of the first names that come to mind when speaking of meme tokens, is currently embarking on a crucial journey towards significant resistance. Reaching the 21-day EMA point is a key milestone for SHIB. Moreover, it’s highly probable that SHIB’s rally will continue. Seen as a Dogecoin killer, SHIB has made more noise than DOGE with its additional projects launched in the market, yet it hasn’t been able to maintain a higher price. With other crypto projects like LEASH and BONE, SHIB has attracted attention and even managed to get them listed on exchanges. These overall ecosystem expansions could be […]
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