Shiba Inu price has been rather dormant these past four weeks, which is bearing a negative impact on the investors. The meme coin market has been stru
ggling to make headlines as the lack of increase in altcoin’s market value has left investors in peril, which is now driving them to pull back and wait until SHIB starts rising again.Shiba Inu price trading at $0.00000729 has remained mostly stuck within a range since the beginning of this month. Treading between $0.00000700 and $0.00000800, the meme coin has mostly hovered closer to the lower limit of the range, marked at $0.00000699.
However, losing the aforementioned support level could throw Shiba Inu price lower to $0.00000656, which coincides with the year-to-date lows. Falling through it would result in a fresh 2023 low.But on the off chance that SHIB finds support in its investors and manages to pump bullishness into the altcoin, a rise towards $0.00000800 is possible. The
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