Today news
About the same in other media
Shiba Inu in danger of 'topping signal' as SHIB price loses 50% in 3 weeks
Reading now: 169
Meme-cryptocurrency Shiba Inu (SHIB) has lost more than 50% of its market valuation in three weeks since its all-time highs in late October.
SHIB price dropped to as low as $0.00004251 on Nov. 19 after correcting by almost 55% from its all-time high of $0.00008854. Its price recovered a small portion of its losses on Friday, but the move looked indecisive due to weaker trade volumes, i.e., not many traders supported the rebound trend.
Some analysts noted that a sharp pullback in the Shiba Inu market was unavoidable after its price skyrocketed by more than 1,100% since Oct. 1.
For instance, an independent market analyst, under the pseudonym John Wick, called SHIB's ongoing price correction a "topping signal," thus suggesting additional
Read more on cointelegraph.comAbout this in other media
Top 3 Cryptocurrencies to Watch This Week - Cardano, Avalanche and HUH Token cryptonews.com /2 years ago
Solana price eyes $300 as Grayscale launches SOL-backed trust cointelegraph.com /2 years ago
Shiba Inu gains over 30% in just 2 days as Kraken announces SHIB listing cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
