The price of Shiba Inu cryptocurrency has increased by 4% in the past 24 hours, following the weekend’s sell-off and the recent banking crisis, which has prompted investors to turn to cryptocurrencies. Although SHIB remains down by 1.5% over the last week and 15% in the last 30 days, the meme token has risen by 35% since the start of the year, and is still one of the most traded ERC-20 tokens in the market. With the launch of the Shibarium layer-two network looming, the price of SHIB could continue to rally. The long-term outlook for SHIB is strong, and predictions suggest that the average year-high price could be $0.0000154485 – a significant increase on the current price. Additionally, the Cryptonews Industry Talk team has created a list of the top 15 cryptocurrencies for 2023, which presents a variety of promising cryptocurrencies with good prospects for both the short and long term.
