What’s Behind the Recent Shiba Inu Price Changes?

Shiba Inu price, a prominent meme coin, has recently witnessed a substantial 41% increase in its value over the past month, marking a robust bullish trend. This surge has contributed to an overall growth of 195% in the past year, boosting confidence among investors. Despite these gains, the market has recently shown signs of a slight correction. Let’s delve into the factors influencing Shiba Inu’s price fluctuations.