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After a rather challenging seven days, Shiba Inu (SHIB) was seen starting the final week of March on a good note. The second largest meme coin showed signs of recovery. March has been a chaotic month for most assets in the cryptocurrency market. Over the past 30 days, SHIB recorded a drop of 16.87%. The asset went from trading at a high of $0.00001578 down to a low of $0.00001095. The community hopes to witness a change in the price of the meme coin. Also Read: Will XRP Rocket 75%? SEC’s Legal Decision Sparks Massive Rally How Is Shiba Inu Trading Today? Source: Watcher Guru Over the past day, SHIB recorded a price rise of 0.02%. Earlier today, the meme coin was priced at $0.00001309 before dipping to $0.00001276. At the time of writing, the asset saw a dainty recovery and was trading at $0.00001286. Source: CoinMarketCap Shiba Inu’s current price is a far cry from its all-time high. Back in 2021, SHIB managed to rise to its peak of $0.00008845. This was attained just a year after...

Shiba Inu (SHIB) has undoubtedly been relevant throughout the years of its existence. The second largest meme coin entered the market as “Dogecoin Killer.” While DOGE remains unfazed, SHIB started garnering increased popularity due to its utility. In addition, investors who entered the market during the asset’s early days managed to change their fortune. As SHIB stands as one of the top performers of 2024, the article dives into the potential returns on an investment made in 2020. Also Read: Elon Musk’s X and Visa Unite: Introducing the X Money Account Looking Into Shiba Inu’s Current State Source: Watcher Guru Shiba Inu first entered the market back in 2020. As the pandemic set in, SHIB’s popularity was seen surging. The meme coin has grown by 1388247.89% since its origin. It should be noted that the asset hit an all-time high of $0.00008845 in 2021 about three years ago. Currently, SHIB is nearly 80% below this peak. At the time of writing, Shiba Inu was ...