Shiba Inu concluded a massive price rally, and SHIB price plunged on October 14. Proponents were awaiting a Dogecoin flippening, however, Shiba Inu dropped to 14th rank by market capitalization soon after.

The sale of 10,000 "Shiboshis" NFTs tokens on ShibaSwap was recently concluded. For the first 24 hours, exclusively LEASH token holders could buy the NFTs.

ShibaSwap concluded sale of Shiboshis while SHIB price plunged

The entire NFT token collection sold out within 35 minutes of launch, and sources close to the meme coin have revealed that plans for a Shiboshi NFT game are underway. The source believes that the SHIB development team is in talks with a world-class AAA game studio for its game production. 

Though the Shiba Inu token initially gained popularity as the “Dogecoin-killer,” the meme coin has evolved in terms of its utility, jumping on the latest cryptocurrency trends. 

On October 14, Shiba Inu's price plunged, and the altcoin has now slipped to 14th position based on market capitalization. Over $600 million was wiped off of SHIB Inu market capitalization within minutes.

During the recent dip, a large investor bought over $1.9 million worth of SHIB tokens. SHIB Inu whales are buying the dip and accumulating the meme token ahead of its price recovery. 

While SHIB token holders are awaiting a rally, the crypto has plunged despite the latest updates in its ecosystem. 

SHIB coin was recently listed on Turkey's oldest Bitcoin BTC exchange BtcTurk. The exchange enables deposits and withdrawals on Friday, October 15. 

The petition for listing SHIB token on Robinhood garnered 250,000 signatures before closing. The commission-free exchange is yet to announce a SHIB coin listing on their platform. 

analysts have evaluated the Shiba Inu price trend and predicted that Shiba Inu would resume its bull run as the meme coin trades on a stable support.

Shiba Inu price action saw bulls denying bears a rally

Dogecoin price action is stuck in a wide-ranging pennant