Shiba Inu outperforms majority of cryptocurrency market

Feb 18, 2022

The present financial market may caused a major drop in the cryptocurrency market, with Bitcoin losing almost $4,000 from its value and dropping to $40,000.

Shiba Inu does not seem to be bothered.

Shiba Inu is currently going through a 5% price increase after showing a mind-blowing 57% increase in three days.

Whales and retail traders could not hold the selling pressure long enough, which caused SHIB to drop below the $0.00003 threshold once again.

Shiba Inu's main "competitor"—Dogecoin—could not show the same positive performance.

Altcoins are bleeding

Ethereum losing approximately 8% of its value in the last 24 hours.

Some digital assets are showing the first signs of recovery as Bitcoin trades with a 0.6% price increase in the last 24 hours.