Shiba Inu (SHIB) Profitability Plunges To Hell As Bloodbath Continues

The market crash has been especially brutal for meme coins such as Shiba Inu and Dogecoin. These coins had recorded impressive numbers in the bull runs of 2021 but the real test had come once the market had begun to decline.

Timeline of Shiba-inu

Today's Shiba Inu price analysis displays partial bearish movement in the market, and the market moves towards a somewhat upward direction, raising the price of SHIB. After that, however, the cost of SHIB experienced a spike and increased to $0.00000852, from $0.00000747; on June 13, 2022, SHIB/USD gained further momentum and obtained a further increasing movement the.

Today's Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a crash and decreased to $0.00000843, from $0.00000983; on June 12, 2022, SHIB/USD lost further momentum and obtained a massive decreasing.

Today's Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a crash and decreased to $0.00001047, from $0.00000915; on June 11, 2022, SHIB/USD lost further momentum and obtained a massive decreasing.

Shiba Inu [SHIB], one of the most popular meme coins around, has grabbed significant attention of late. Be it 2021 or 2022, the meme coin has seen decent developments within this crypto-sea full of competitors.

Shiba Inu price analysis suggests a downward movement to $0.00000980 The closest support level lies at $0.00001004 SHIB faces resistance at the $0.00001048 mark The Shiba Inu price analysis shows that SHIB has been unable to climb past the $0.0000011000 mark and the following rejection caused the price to crash below the $0.00001000.

Today's Shiba Inu price analysis displays a bearish movement in the market, and the market maintains a negative direction, declining the price of SHIB. After that, however, the cost of SHIB experienced a crash and decreased to $0.00001045, from $0.00001074; on June 9, 2022.

Shiba INU price nowadays appears to have faded all its glory as the prices remained capped below the crucial resistance for a pretty long time. The asset is just extending the apex of the descending triangle to the maximum without portraying any possibilities of breaking down from the bearish setup. However, the last point of …

Today's Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a crash and decreased to $0.00001047, from $0.00001089; on June 8, 2022, SHIB/USD lost further momentum and obtained a massive decreasing.

Investors abandoning a large portion of supply in just one shot looks quite terrifying for any cryptocurrency. However, this is not the same with Shiba Inu. The meme currency has a circulation of over 400 trillion. SHIB has gained fame as a victim of its own investors. And they may follow the trend now as …

Meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) saw an uptick in buy orders on Coinbase Global Inc (NASDAQ: COIN) on Thursday. What Happened: According to trading data from the cryptocurrency exchange, 63% of Coinbase traders increased their SHIB position over the last 24 hours.