Ridiculous -352% Shiba Inu (SHIB) Drop: How Is It Possible?
Main Idea
Shiba Inu (SHIB) experienced a mathematically improbable 352% decline due to significant token movements by large holders, despite its price remaining relatively stable around $0.0001400.
Key Points
1. Shiba Inu (SHIB) saw a dramatic net change of -352% over a seven-day period, driven by large token movements from whales.
2. Despite the decline, SHIB's price remained stable around $0.0001400, showing resilience amid market volatility.
3. The 100-day exponential moving average (EMA) provided support during the recent decline, and the RSI was neutral at 54.
4. The article highlights the impact of whale activity on SHIB's price, even as broader market conditions remained relatively stable.
Description
Shiba Inu loses more than it gained before
$SHIB
$0.000013966
-0.41%
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