CandleFocus Here’s Why Shiba Inu Price Might Swing Opposite to Crowd Sentiment
2024-10-24
Author: Content Editor
Amid a market downturn, Shiba Inu (SHIB) stands out as a potential outlier showing upside potential, according to an analysis by Santiment. The sentiment towards SHIB has shifted to doubt and negative investor negativity has weakened the sentiment. However, the large holder inflows for SHIB have significantly increased, indicating that key players are accumulating and preparing for a potential upward shift. While the broader crypto market is experiencing negative sentiment, Santiment suggests that bearish sentiment can sometimes lead to contrary market movements.
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