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While meme coins like PEPE and FLOKI have surged, SHIB has remained relatively stagnant, frustrating investors who expected a stronger performance. So, what’s On the weekly, Shiba Inu has declined by nearly 0.8%, and on the daily it has managed to incline by around 1%, bringing to light the lackluster momentum in the market. Why is Shiba Inu experiencing a significant drop? SHIB’s recent price drop stems from bearish market conditions, overall negative sentiment, and Bitcoin’s influence on Shiba Inu (SHIB), once one of the most explosive meme coins in the market, is now facing difficulties as it struggles to maintain momentum. After reaching significant highs Hace 1 día Shiba Inu Struggles for Direction as Billions of SHIB Tokens Hit Exchanges SHIB traded between $0. and $0. amid investor caution and a wave of token

Shiba Inu (SHIB), once one of the most explosive meme coins in the market, is now facing difficulties as it struggles to maintain momentum. Why is Shiba Inu struggling in a bull market? While meme coins like PEPE and FLOKI have surged, SHIB has remained relatively stagnant, frustrating investors who expected a stronger performance. So, what’s happening?

Why is Shiba Inu Experiencing a Significant Drop?

SHIB’s recent price drop stems from bearish market conditions, overall negative sentiment, and Bitcoin’s influence. On the weekly, Shiba Inu has declined by nearly 0.8%, and on the daily it has managed to incline by around 1%, bringing to light the lackluster momentum in the market.

Billions of SHIB Tokens Hitting Exchanges: Investor Caution

Hace 1 día Shiba Inu Struggles for Direction as Billions of SHIB Tokens Hit Exchanges. SHIB traded between $0. and $0. amid investor caution and a wave of token movements. This influx of tokens onto exchanges often indicates potential selling pressure, contributing to the downward trend.

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