The Shiba Inu price has been stagnant lately, but recent developments suggest that the meme token is poised for a comeback. DEXTools has added support for ShibaSwap, the native decentralized exchange of SHIB, providing listings and metrics for the platform. This move highlights the coin's real fundamentals and indicates that it is ready to rise again soon.

Despite a 15% drop in the past week and a 20% decline in the past fortnight, SHIB has maintained a strong relative strength index (RSI) and is on its way to 60, signaling new momentum. The 30-day moving average has also begun rising again, a sign that the coin has reached the end of a down-cycle and is ready to climb.

The Shiba Inu price is likely to benefit from its own fundamentals, including the support from DEXTools and the eventual launch of Ethereum ETFs. The addition of DEXTools support may help boost SHIB adoption and usage over time, making it easier for traders to use the DEX.

Based on these factors, the Shiba Inu price has good short- and long-term prospects, potentially attaining $0.00003 by the end of the summer.

New meme tokens like PlayDoge (PLAY) are also showing promise. This Ethereum-based cryptocurrency has raised $4 million in its token offering and features a play-to-earn game where gamers can earn rewards in PLAY for breeding, trading, and completing missions with their virtual Shiba Inu dogs. The token has a capped supply of 9.4 billion and allows holders to earn a passive income by staking the token.

Investors can join the PlayDoge sale by heading over to the official website and buying PLAY at a cost of $0.00506 per token. The token will list first on decentralized exchanges once the sale ends and will hold a community airdrop around the time it lists on CEXes.