Can Shiba Inu's UAE Energy Ministry Alliance Push It to $0.0001?
Earlier this year in February, Shiba Inu (SHIB) announced a historic partnership between it and the UAE Ministry of Energy and Infrastructure. The announcement led to substantial buzz within the crypto community. The decision marked a significant milestone for the dog-themed cryptocurrency project. Official recognition from the government of the United Arab Emirates is a testament to SHIB’s incredible rise over the last few years. Can the UAE Energy Ministry Help Shiba Inu Hit $0.0001? Source: Watcher.Guru While the announcement caused a lot of excitement for SHIB fans and investors, the asset’s price did not make much movement. At the time, the crypto market was facing considerable bearish sentiment. Bitcoin (BTC) was also retracing its steps. SHIB, following the market trend, did not rally. Hitting $0.0001 from current price levels will require a rally of nearly 754%. The figure is tiny compared to SHIB’s incredible 2021 rally. While a 753% rally is not something SHI...