How High Can Shiba Inu Rise if its Market Cap Hits Bitcoin's
October was quite challenging for the prominent meme coin Shiba Inu (SHIB). Over the past week, SHIB dropped by over 10%. Unlike the usual, the meme coin barely witnessed gains this month. Over the past several years, the asset has noted a notable average spike of 211%. Can SHIB manage to make it big despite a slow October? Also Read: Vitalik Buterin Defends Ethereum Strategy Amid Data Bloat Concerns Shiba Inu’s Current Market Source At press time, SHIB was trading at $0.00001696, following a 0.36% rise over the past 24 hours. Amidst this, the asset’s market cap also saw a dip. Shiba Inu’s market value dropped below the $10 billion mark. Currently, the market cap stands at $9.99 billion, making the meme coin the 13th largest cryptocurrency in the industry. While the asset’s market cap remains bleak, a boost in the same would push the price of the meme coin. Looking at more ambitious bets, the community highlighted the possibility of SHIB’s price when it gro...