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The future looks rough for SHIB
Shiba Inu (SHIB-USD) price predictions are worth checking in on today after the meme crypto experienced a major drop over the last few days.
It comes as no surprise that SHIB has been feeling the heat lately. A larger crypto market crash has seen just about every digital asset in the market drop. That includes Bitcoin (BTC-USD), Ethereum (ETH-USD), Dogecoin (DOGE-USD) and other major players in the space.
So what’s behind all of this? The crypto crash comes as investors continue to have concerns about the larger market. That includes fears over rising inflations, increases in interest rates, talk of an upcoming recession, as well as the war in Ukraine.
With all of this hammering cryptos lately, some investors wonder what the future holds for Shiba Inu. Let’s take a look at what the experts have to say about that below!
SHIB is down 19% over the prior 24-hour period as of Wednesday morning. The crypto is also down 55.1% over the last year.
Crypto investors searching for more of the latest market news are in luck!
InvestorPlace offers up all the latest crypto news that traders need to know about! For Wednesday, that includes harsh words for Dogelon Mars (ELON-USD), Cronos (CRO-USD) mobile payment plans, as well as a breakdown of Dogecoin (DOGE-USD). You can catch up on all of this news by checking out the following links below!
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Article printed from InvestorPlace Media, https://investorplace.com/2022/05/shiba-inu-price-predictions-where-will-shib-go-after-nasty-altcoin-plunge/.
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