Shiba Inu price prediction: Pepe trades 14 times SHIB's daily volume

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Shiba Inu stands at $0.00000474 on Friday evening and has lost 17.5 percent in October. Pepe, with a smaller market capitalisation, turns over 14.5 times as much in daily volume, and that gap says more about the coming weeks than the price chart.Add as a preferred source on GoogleFollow on Google NewsWhat is established: Shiba Inu is trading at $0.00000474 on Friday evening and has lost 17.5 percent since October 1, while 24-hour trading volume came to $127.3 million. Pepe turned over $1.84 billion in the same period, 14.5 times as much, with a market capitalisation $700 million smaller. Our assessment follows further down: turnover determines how far a sale moves the price, and it is this point, more than the price trend, that currently separates the two memecoins most clearly. Anyone holding Shiba Inu is looking at two numbers this Friday that point in different directions. The price is 1.61 percent above Thursday evening's level, and the intraday low was $0.00000448...