Shiba Inu (SHIB) Takes a Heavy Hit: Has the Worst Already Passed?
- Shiba Inu (SHIB) has risen 8% over the past week but has lost the position of the second-largest meme coin to MemeCore (M), a coin that has surged 35%.
- The gap between SHIB and the fourth-largest meme coin, PUMP, is significant, at around $1.3 billion, but activity on Shibarium has declined and the amount of SHIB tokens on exchanges is increasing, raising concerns about what may happen next.
- In its history, September has been a challenging month for SHIB, when the coin’s valuation has declined in three out of the past five years during this period.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Shiba Inu (SHIB) has risen 8% over the past week but has lost the position of the second-largest meme coin to MemeCore (M), a coin that has surged 35%.
- The gap between SHIB and the fourth-largest meme coin, PUMP, is significant, at around $1.3 billion, but activity on Shibarium has declined and the amount of SHIB tokens on exchanges is increasing, raising concerns about what may happen next.
- In its history, September has been a challenging month for SHIB, when the coin’s valuation has declined in three out of the past five years during this period.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
