SHIB depreciated by more than 4% in the last 24 hours
Its supply on exchanges dropped – A sign that investors were accumulating SHIB
Shiba Inu [SHIB] has registered a promising uptick over the last few weeks, owing to the bullish market condition. Thanks to the same, the total number of SHIB holders has also risen recently. However, everything changed over the last 24 hours as the market turned bearish, leading to most cryptos falling on the charts.
What is happening to Shiba Inu…
Ali, a popular crypto-analyst, recently shared a tweet highlighting a key SHIB metric. According to the same, the memecoin has surged by more than 55% in the last three months alone. In fact, the tweet also mentioned that nearly 90,000 addresses hold over 422 trillion SHIB at $0.000016.
#ShibaInu has seen a 55% increase in the last 3 months, staying relatively quiet during the recent altcoin season.
While there’s potential for growth ahead, $SHIB faces a major resistance zone. Nearly 90,000 addre
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