Here is How High Shiba Inu Can Reach if Total Crypto Market Cap Reaches $30T
If the global crypto market cap rises to $30 trillion and Shiba Inu continues to maintain its 0.29% dominance, its price will also grow proportionally.
Last week, the broader crypto market staged a relief rally after the U.S. dollar index (DXY) crashed to a three-year low. This decline helped to position cryptos as a store of value, similar to precious metal gold.
Following the DXY plunge, Bitcoin’s price surged above $95,000, pushing the global crypto market cap above $3 trillion. Despite Bitcoin’s drop below the $95,000 mark, the total crypto valuation still stands close to the $3 trillion milestone.
At press time, the total crypto valuation was $2.97 trillion, representing an increase of 0.87% over the past 24 hours. While…
