SHIB continues to perform poorly as it repeatedly fails to gain any kind of momentum to climb to higher trading prices.
Although listed as the 15th largest cryptocurrency in terms of market capitalization courtesy of its $5.45 billion overall valuation, the digital asset’s current value is not something to be happy about especially for holders and investors.
At the time of this writing, according to data from Coingecko, the Shiba Inu meme crypto is changing hands at $0.00000925 and has only managed to register an increase of 2.5% over the last seven days.
It is several steps away from Dogecoin, its fellow novelty dog-themed altcoin which has jumped by 22% during the same time period to trade at $0.099840.
Still, even with this kind of lousy performance, Shiba Inu continues to get the attention of big time investors as once again, it ends up as the top asset being held by Ethereum whales.
