SHIB deposits to exchange fall to 30-month low - A boon or bane for Shiba Inu price?
FXstreet
19 Sep 2023 2:28 AM
Shiba Inu price action has been rather tepid over the past couple of weeks. The bearish market conditions have not been very enticing for investors, w...
- Shiba Inu price is currently above the crucial support line at $0.00000700.
- Active deposits have declined to their lowest level since March 2021.
- Network growth for Shiba Inu has reached a four-month low.
- The lack of activity and decline in deposits suggest a sideways movement for Shiba Inu.
The sentiment in the article is neutral. It mentions both positive and negative developments for Shiba Inu, indicating that a crash or rally may not be imminent.