Shiba Inu Coin Price Analysis: Reasons Why SHIB Poised To Hit $0.0001 In 2024

The path of least resistance is gradually flipping upwards for many cryptocurrencies, based on market data from CoinMarketCap. After sweeping through liquidity almost at $60,000, Bitcoin (BTC) price recovers above $62,000. Meanwhile, the Shiba Inu Coin price analysis suggests that buyers are quickly gaining an upper hand. This also means that SHIB is poised for a run-up to close the week above $0.00003 bolstered by growing interest in meme coins as Bitcoin and other major altcoins struggle to find direction.