Shiba Inu (SHIB) Profitability Is Finally Back at Double-Digit Level
Shiba Inu finally showing signs of recovery...
- Shiba Inu, the meme coin, is showing signs of life again after a period of low profitability.
- The coin has clawed its way back to a 10% profitability mark, which is a significant improvement.
- Long-term holders have been carrying Shiba Inu as a burden, but the recent uptick in profitability is a positive development.
- The current price of Shiba Inu is at a neutral short-term level, indicating a passive approach among investors.
- Shiba Inu does not have a significant presence in the DeFi landscape.
The article highlights the recent improvement in profitability for Shiba Inu, which is seen as a positive development for long-term holders. However, it also mentions the potential risk of a price drop if everyone starts selling. Overall, the sentiment is cautiously optimistic.