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Investors Disappointed With the Continuing Decay of Shib’s Price -Breaking

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Investors Disappointed With the Continuing Decay of Shib’s Price
  • One could label (SHIB’s) price as a crypto-underperformer.
  • Investors are not interested in SHIB’s current price of $0.00001200 at the moment.
  • The 12 hour chart for SHIB/USDT indicates that the unfortunate demise of SHIB’s price lies at approximately $0.00001850.

The current bearish market for cryptos could lead to the price of Shiba Inu, (SHIB), being labeled a crypto outperformer. Investors in SHIB should be prepared for diminishing returns on the popular meme coin.

SHIB’s current price of $0.00001200 is not attractive to investors at the moment. This consolidated sideways action has put the meme coin in an awkward spot. The long-term SHIB investor seem to be resisting the idea that they re-invest more capital.

SHIB has had a difficult 3 months as its price plummeted from the $0.00004000 mark. There has not been any evidence to suggest that investors have become more interested in Shiba coins since the plunge.

Further evidence for the low interest is seen in the Shiba Inu’s price

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