Shiba Inu's recent price rally has paused, experiencing a downturn over the past two days as traders cashed in on their profits. This has resulted in a 20% price drop, with SHIB trading at $0.0000245.
The token is currently in a bear market, but some analysts remain optimistic about its future, suggesting that a strong recovery is likely soon, potentially reaching or exceeding previous highs.
There is speculation in the community about whether Shiba Inu can replicate its 2021 rally and achieve the milestone price of $0.0001 again.
