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Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue?

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Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue? - NewsBTC

Quick Summary:

Related Reading: XRP Could Rally 27% This Week In Tremendous Move’, Analyst Says Shiba Inu: Growing Market Trend While the market sentiment seems still negative, the current trend of Shiba Inu shows a developing resilience.

But this silver lining, as it is, shows that the 7-day sentiment for SHIB has spiked upward by over 2,800% and might be an antidote for the asset to get a bounce-back.🐻 Crypto markets have corrected alongside equities as traders increase speculation that the bull rally has come to an end.

The latest data shows inflow from large holders has increased by 555% within the last 90 days, which means major stakeholders are taking positions to capitalize on an expected increase in value.

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Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue? - NewsBTC (Picture 1)Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue? - NewsBTC (Picture 2)Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue? - NewsBTC (Picture 3)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 17:30:46 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 72 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 23242906

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 15 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://beamstart.com/news/shiba-inu-inflows-soar-555-17298774786121

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