1) Shiba Inu (#SHIB)

Shiba Inu ($SHIB ) is a meme-based cryptocurrency that started as a playful homage to Dogecoin. Key fundamental factors for SHIB include its large social media presence, strategically burning tokens to reduce supply, and the continued development of its ecosystem.

On the daily chart, SHIB price is recovering steadily under the influence of the rising trend line. Dynamic support lifted the asset from its April 13 low of $0.0000183 to $0.000026 registering 45% growth.

By press time, the Shiba Inu's market cap had reached $14.7 billion, while 24-hour trading volume had fallen to $250 million.

If the previously mentioned support is intact, buyers may break the swing high resistance level at $0.00003. This breakout could provide better confirmation of the market sentiment shifting from selling on rallies to buying on dips.

A rally after the breakout could push the asset to $0.000038, followed by $0.000054.