Shiba Inu's Value with Bitcoin's Current Market Cap

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2023 is at its end and can be easily categorized as a positive year for the cryptocurrency sector, especially its end. Many digital assets recorded triple- and even quadruple-digit gains, which leads to the question of what could happen in the next 12 months.

Shiba Inu price could record substantial growth if it captures the market cap of Bitcoin (BTC), the largest crypto asset.

The market has not been completely fair to Shiba Inu, with prices witnessing a tumble after the latest gains. At its current price, SHIB is down 7.57% from the May 16 high at $0.00002588. Notably, this downward pressure has kept it below the yearly peak of $0.000045 as selloffs continue to pile up.



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