Major digital assets including Shiba Inu have recently experienced bearish trends due to a general downturn in the crypto market observed over the past week. Despite this, Shiba Inu has shown several positive indicators that suggest the dog-themed meme coin could experience a potential price rebound in the near future.
The sentiment around meme coins like Shiba Inu is gradually improving, hinting at possible price recovery. The resurgence in price sentiment, combined with increasing interest around meme coins, indicates a shift that may lead to upward price movements.