SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Markets Falling – Market Updates Bitcoin News
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Despite the recent downturn in the cryptocurrency markets, SHIB (Shiba Inu) and DOT (Polkadot) remain near their 3-month highs.
SHIB, the meme-based cryptocurrency, has been on a remarkable run over the past three months, rising from a low of $0.000018 to a high of $0.000078. Despite the recent market downturn, SHIB has been able to maintain its gains, trading at around $0.000075.
DOT, the native token of the Polkadot network, has also seen a strong performance over the past three months. After hitting a low of $9.01 in late January, DOT has risen to a high of $43.89. Despite the recent market downturn, DOT has been able to maintain its gains, trading at around $41.
The strong performance of both SHIB and DOT comes despite the recent market downturn. Bitcoin, the world’s largest cryptocurrency, has fallen from a high of $58,000 to a low of $47,000 in the past week. Ethereum, the second-largest cryptocurrency, has also seen a sharp decline, falling from a high of $2,000 to a low of $1,500.
The resilience of SHIB and DOT in the face of the market downturn is a testament to their strong fundamentals. Both tokens have seen strong levels of adoption, with SHIB becoming a popular choice for traders and DOT being used to power the Polkadot network.
It remains to be seen how long SHIB and DOT can maintain their 3-month highs, but for now, the two tokens appear to be bucking the market trend.
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