Shiba Inu: Analyst Predicts SHIB To Rally 531% to $0.00007380
2025 started with a bang but the flames seem to have faded. Bitcoin (BTC) climbed to a new peak in January, but has since lost significant traction. Shiba Inu (SHIB) shares a similar fate. The popular dog-themed crypto is red across the board. The coin’s price has dipped 6.1% in the daily charts, 7.9% in the weekly charts, 13.9% in the 14-day charts, 28.7% over the previous month, and 65.8% since March 2024. Source: CoinGecko Also Read: Pi Network (PI) Predicted To Hit New Peak Of $6.54: Here’s When Cryptocurrencies Bleed Amid Macroeconomic Tensions Source: Watcher Guru Shiba Inu (SHIB) and the larger crypto market took a hit after the US announced tariffs on the European Union (EU). The EU has said it will retaliate with similar taxes against the US. The US has also imposed tariffs on Canada and Mexico. The trade wars have hurt investor sentiment. SHIB and other crypto assets have faced significant fund outflows since the tariff announcements. Macroeconomic conditions seem to pre...