Shiba

ShibArmy

Eternity

Shiba Inu

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<p dir="ltr">The market is undergoing an intensive rout - one that has triggered a more than $1.06 billion liquidation from more than 278,500 traders. Shiba Inu is prominently featured in this unexpected market crash, as its price has fallen by 14.66% in 24 hours to $0.00001197,&nbsp;<a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">per</a> CoinMarketCap data. This rout has suppressed the market capitalization of the meme coin to $7.09 billion.</p>
<h2 id="expected-shiba-inu-rodeo">Expected Shiba Inu rodeo</h2>
<p dir="ltr"><a href="https://u.today/shiba-inu-shib-warning-bulls-must-act-to-prevent-20-collapse" rel="noopener noreferrer nofollow">Shiba Inu</a> is not a stranger to price falls, as it is generally even more volatile than the average digital currency. In its short history, a period of consolidation generally trails its epic price falls; however, a resurgence is often experienced afterward.</p>
<p dir="ltr">With the price of SHIB slipping to its current level, it risks erasing one zero from its price ultimately. Though this might sound like a major setback, it can also form a unique reset for the meme coin. This reset will imply the price is depressed enough to start welcoming additional inflows altogether.</p>
<p dir="ltr">The trend is already visible in its trading volume. This metric has jumped by more than 210% in the past 24 hours to $661,447,865. This indicates the intensive trading activity on the network, which might soon translate to price growth overall.</p>
<h2 id="cushion-push">Cushion push</h2>
<p dir="ltr">Amid the price fall, Shiba Inu is notably getting a major anchor to exhibit how resilient it can be. For one, top executives are helping the market&nbsp;<a href="https://u.today/shytoshi-kusama-excites-shib-community-with-mask-off-x-message" rel="noopener noreferrer nofollow">keep calm</a> in the face of intensive sell-offs.</p>
<p dir="ltr">The ShibArmy is also focusing on some of the new advances within its ecosystem, like the forthcoming&nbsp;<a href="https://u.today/shiba-eternity-game-goes-live-in-closed-beta-details" rel="noopener noreferrer nofollow">Shiba Eternity</a> game. Besides, the focus also hinges on what new product the core developer team might announce in the coming weeks.</p>
<p dir="ltr">As a fast-growing ecosystem, there is much to focus on for SHIB rather than just this current price slump.</p>

Shiba Inu (SHIB) Price Might Hit Rebound Point Soon, Here's Why

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