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Shiba Inu priceCoinGape
•Business
Business & Economics
54% Informative
Shiba Inu price trades at $ 0.0000135 after a 3.5% rise in 24 hours .
The meme coin is under bearish pressure in its 4-hour chart, amid a falling parallel channel.
The slow burn rate, vast supply, and lack of institutional interest make it unlikely for SHIB to reach $ 001 in the long term.
For SHIB price, it would have to outperform Bitcoin and the entire market.
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