# SHIBA INU - Let Sleeping Dogs lie!
The current price of Shiba Inu today is $0.000023 USD, with a 24-hour trading volume of $687,005,120 USD. SHIB is down only 0.67% in the last 24 hours. SHIB's CoinMarketCap ranking clings to #15, with a market cap of $12,668,276,198 USD. Shiba Price Stats Source: Coinmarketcap!
Not much happening in the world of Shiba!
We might be seeing another little bounce after yesterday's plunge, however "let Sleeping Dogs Lie" is the old saying, so i'm not so sure SHIB will do anything just yet. "Wen Lambo" is what the Shiba fans above are dreaming about, however they might be a long time in the making.
Shiba Inu can be great for trading, but one has to be very patient, and move very slowly. When looking up Shiba Inu today, I found an interesting chart on Benzinga about Shiba Inu volatility, here it is below:
The chart shows the Volatility bands in grey, the wider the bands, the more volatile a period for SHIB. The bands appear to be constricting as the price goes down on the week, and yesterdays daily bands show little volatility as traders seemed to all be on the same side, the sell side.
The Expensive "Free Fall" Continues!
The longterm outlook on SHIBA (above) - Looks like we're still headed to .00002 Support!
Check out SHIBA LIVE Streaming, Here on youtube!!
Up Down, Up Down?
Just into the second week of this blog, and Shiba Inu hasn't gone anywhere. Sure we had a few little pumps, but each time they were met with resistance. I think that will be the trend for Shiba until something fundamentally changes with this coin. Shiba needs to see progress from the devs with their promised Shibarium, and the promised Shiba Game they were talking about last year. I will start to do more research about these two works in progress, and i'll be sure to post updates back here when I find out more, so be sure to follow me, @shiba.inu for more!
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