Shiba Inu (SHIB) Takes a Serious Hit: Is the Worst Yet to Come?

🐶 Shiba Inu (SHIB) experienced an 8% price increase over the past week but lost its second place in the meme coin sector to MemeCore (M), which saw a 35% rise.

📉 Concerns are growing for SHIB as Shibarium activity declines and the amount of SHIB tokens on exchanges rises, indicating potential selling pressure.

📅 Historically, September has been a challenging month for SHIB, with its performance often ending in the red, raising fears of further declines.