SHIB Price Signals 16% Decline as $7.24 Billion In Tokens Wade Underwater

Quick Summary:

Despite the green markets, the latest analysis reveals there may be an extended downturn for SHIB and other crypto assets in the coming days.

SHIB price almost reached yearly lows during the most recent market crash.

However, Bitcoin’s recovery saw the entire market swing upwards.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: SHIB Price Shiba Inu Price Price Analysis SHIB Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 08:24:15 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 45 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21980670

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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