Shiba Inu Faces 20% Drop Amid Market Trends, Community Burns 37M Tokens
As the cryptocurrency market wades through a period of uncertainty, Shiba Inu (SHIB) braces for a potential 20% decline in value, despite the communitys efforts to burn 37 million tokens in a bid to curb the supply and stabilize the market.
Shiba Inu Struggles Amid Market Downturn and Waning Investor Activity
According to BeInCrypto, Shiba Inu is trading at $0.00002542 after failing to reclaim the $0.00002800 support level. The increase in bearishness is due to broader market bearish cues triggered by the decline in Bitcoins price.
SHIB investors will most likely extend this decline...
source:
https://tokenpost.com/Shiba-Inu-Faces-20-Drop-Amid-Market-Trends-Community-Burns-37M-Tokens-11441
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