Shiba Inu Shib Prices in May and June Dropped 90 Percent Will They Be the Same in November

Rancakmedia.com – Shiba Inu SHIB price continues to rock the crypto world with its huge market size and bullish trading position. In detail, SHIB is now ranked at the top along with major crypto assets in the top ten cryptocurrencies top published by CoinGecko. SHIB's achievements have attracted the attention of investors around the world.

However, this crypto position also worries community members in the crypto world. In particular, many traders were concerned that history would repeat itself when SHIB prices fell following the significant price increases that occurred in May to June.

In May the price of SHIB suffered greatly when it skyrocketed. SHIB price plunged almost -90 percent — a price position that made most SHIB holders cry. 

Shiba Inu SHIB Price

Meanwhile, the current SHIB price position appears to assume the same trend as that which occurred in May.

As a result, traders and investors are now concerned that SHIB may go down the same route as before. The SHIB network might get scared if they hear about this.

However, SHIB is now developing many fantastic technologies in its network. Network 'fraudsters' around the world can exploit real-world network use cases, from coins to memes.

There is significant potential that this crypto asset can attract additional investors to its platform and maintain its bullish position.

At the time of writing, Shiba Inu (SHIB) is trading at a bullish price of $0.00005698 or approximately IDR 0.8 with a large market value of over 31 billion USD.

Conclusion

Shiba Inu (SHIB) traded at a bullish price of $0.00005698 or approximately IDR 0.8 with a large market value of more than 31 billion USD. In May the price of SHIB suffered greatly when it skyrocketed. SHIB price plunged almost -90 percent — a price position that made most SHIB holders cry.