Data shows retail interest waning as SHIB down 60% in 4 weeks -Breaking
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(SHIB), which fell further on Nov. 24, was slowed by the decline in its appeal to retail traders who had helped it rise more than 535%, reaching a new record of $0.00008854 this year.
SHIB’s priceThe market dropped nearly 60% following the Oct. 28 all-time peak, indicating that traders were actively locking up their Shiba Inu profits. That has further resulted in a substantial drop in SHIB’s benchmark instrument of SHIB/USDT volumes on Binance, underscoring a weak retail interest.
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