SHIB deposits to exchange fall to 30-month low - A boon or bane for Shiba Inu price?


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.

Go to publisher site

You May Ask

What is the current price of Shiba Inu?What is the crucial support line for Shiba Inu?What is the significance of active deposits for Shiba Inu?What does network growth indicate for Shiba Inu?What is the sentiment of the article towards Shiba Inu's future movement?

Suggested Reads