(SHIB), the world’s second-largest dog-inspired meme coin by market capitalization after Dogecoin that lives on the Ethereum blockchain as an ERC-20 token, has been consolidating in the $0.000011-0.00001150 area in the last few days. SHIB has failed to keep pace with a rapid surge in Dogecoin over the last few days after widely used social media application Twitter changed its logo to the Dogecoin logo (a picture of a Shiba Inu dog). SHIB continues to remain constrained to the upside by its 50-day moving average around $0.00001150, while the 21, 100 and 200DMAs all also continue to act as a magnet to the price action. #crypto_news #sociogram_creator #crypto_news