Shiba Inu: Anticipating a Surge in SHIB as Bitcoin Gains Translate to Millions in Profits.
Thursday, Bitcoin soared to $44,000, marking its peak for 2023. It began the year at a humble $16,500 but has consistently appreciated, defying expectations. The cryptocurrency is now drawing significant interest due to substantial investments pouring in from various quarters, including institutional investors. This upward trajectory in Bitcoin's value is also positively impacting other cryptocurrencies, including Shiba Inu (SHIB), and various alternative coins.
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Bitcoin's Surge Causes Shiba Inu to Remove a Decimal Point
The king cryptocurrency Bitcoin is now pushing Shiba Inu (SHIB) to delete a ‘zero’ in the indices. Shiba Inu was trading at $0.000007 levels before BTC shot up in price but is now nearing the $0.00000971 mark. Another leg-up could send SHIB to the $0.00001 level, making it delete its fifth ‘zero’ due to Bitcoin’s help.
A handful of investors who reaped profits from Bitcoin are also now investing in leading altcoins such as Ripple’s XRP, Cardano (ADA), VeChain (VET), and Shiba Inu, along with its competitor