Shiba Inu downtrend continues, sending 97.4% of SHIB holders underwater

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Shiba Inu downtrend continues, sending 97.4% of SHIB holders underwater
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Shiba Inu (SHIB) prices still on with the load-shedding exercise, increasing its steady stream of lower lows since the month started. With this downtr

SHIB/USDT 1-day chart, FLOKI/SHIB 1-day chart, BONE/USDT 1-day chart, DOGE/USDT 1-day chart

Thirdly, with more addresses sitting on unrealized losses compared to the ones in profit, selling pressure could remain low as traders play the long game. A recovery scenario would see If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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