Can Shiba Inu Hit $0.00002 Following Bitcoin's Rise to $116,000?
Bitcoin (BTC) hit a new all-time high of $116,818 earlier today, July 11, 2025. BTC’s climb to a new peak has triggered a market-wide rally. Most other crypto assets have experienced a healthy rebound after months of struggle. Shiba Inu (SHIB) is also following the breakout pattern. The dog-themed crypto is up 9.1% in the daily charts, 15.5% in the weekly charts, 20.3% in the 14-day charts, and 2.6% over the previous month. Despite the upswing, SHIB continues to glow red in the yearly charts. The asset is down by 17.3% since July 2024. Source: CoinGecko Can Shiba Inu Reclaim $0.00002 After Bitcoin’s Rise to $116,000? Source: Reddit If the crypto market continues its upward momentum, there is a high possibility that SHIB could reclaim the $0.00002 price level. The asset has not traded at $0.00002 since January of this year. SHIB rose to $0.00003 in early December 2024. Since December of last year, SHIB’s price has gradually fallen. Shiba Inu’s (SHIB) latest rally ...