$SHIB has no other choice but to try again, however, its own holders are pushing it down
avoid any kind of risk exposure. Memecoins and tokens will most likely be the first victims of the suppressed sentiment on the market.Considering the aforementioned factors, the most likely scenario for Shiba Inu would be a continuation of the movement in the rangebound. The existing conditions of the market suggest that there is no place for Shiba Inu in investors' portfolios, and the plunge on the market we see today is yet another confirmation of this thesis.
Practically, almost every local rally on Shiba Inu is being suffocated before it starts as the selling pressure coming from retail investors immediately kills the momentum on the market, causing it to return to the start.
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