CandleFocus

604 Billion Shiba Inu (SHIB) in 24 Hours, How Did SHIB Fall Off?

The investor confidence and market traction for Shiba Inu (SHIB) have significantly declined in recent months. The trading volume for SHIB is below $1 trillion, indicating difficulty in staying on the market. The number of significant transactions has sharply declined, suggesting a decline in market interest. Despite this, there is still some demand as 64 billion SHIB were traded in the last day. The price has somewhat recovered, but SHIB is far from its previous highs and is currently trading near $0.00001413. While SHIB has experienced a decline, it may still have a chance to level off as it is above important support levels.

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