68% of Shiba Inu (SHIB) Order Volume on Market Are Buys, Data Shows

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

$SHIB is getting heavily pushed upward, but investors should keep in mind that it could be temporary

Shiba Inu , the meme-based cryptocurrency, has seen an increase in buying-side volume, indicating that the token is becoming more attractive among investors. This development comes despite the recent drop in the price of SHIB, which investors seem to be less concerned about.

Recently, SHIB experienced a return to the $0.000013 price level, which might have contributed to increased demand for the token. However, other indicators such as large transactions and profitability are currently bearish.Despite these bearish indicators, the buying side volume of SHIB has seen a significant increase, suggesting that investors are becoming more interested in the token.

SHIB is known for its high volatility, as the token's price has experienced several large fluctuations in the past. This has led some investors to approach the token with caution, as its price performance can be unpredictable. However, the recent increase in buying-side volume suggests that investors are becoming more confident in the token's potential.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Eth

Eth

É exatamente isso o tempo irá dizer. Shib é planetário.🌎🪐👽🤖 🥱

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in CA

Canada Canada Latest News, Canada Canada Headlines