The Shiba Inu meme coin is also gaining momentum as Bitcoin attempts to recover from its recent slump. SHIB saw a 4.8% price drop in the last 30 days and a staggering 164.5% increase over the past year.
This month, the SHIB price experienced a sharp drop, reaching $0.00002167, before experiencing a brief rise in price. Despite the pullback, Shiba Inu still managed to secure an impressive 164% yearly return, with the current market price standing at $0.00002333.
