Despite facing significant price fluctuations, particularly a drastic dip in June, Shiba Inu (SHIB) has shown resilience with a 26% uptick. The Ethereum-based memecoin, often compared to Dogecoin due to its dog-themed identity, experienced a historically bearish period mid-year. Nevertheless, it has managed to sustain considerable weekly growth.
The preservation of this growth comes amidst a general decline in enthusiasm around meme coins. Despite the waning hype, SHIB has managed to retain investor interest, reflecting its strong market presence and potential.
Source : www.thecoinrepublic.com ↗
