Can Shiba Inu Hit $1 in 2023?
If you think it's been a rough year for the stock market, take a gander at the volatility cryptocurrency investors have endured. Since the aggregate valuation of more than 20,000 digital currencies peaked at $3 trillion approximately 13 months ago, the total value of all cryptocurrencies has plunged more than 70% to $853 billion, as of late evening on Dec. 1.
However, big pullbacks have been par for the course in the crypto space for a decade, and they've previously paved the way for jaw-dropping bull markets. Perhaps no digital currency demonstrates this more than meme coin Shiba Inu (CRYPTO: SHIB).
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Source Fool.com
