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: 833
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
Price analysis 12/1: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB cointelegraph.com /2 years ago
Price analysis 11/29: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB cointelegraph.com /2 years ago
Top 5 cryptocurrencies to watch this week: BTC, BNB, LUNA, MANA, SAND cointelegraph.com /2 years ago
Show more
The website gocryptonft.com 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.
