Like the rest of the market, SHIB's price increased following 13 July's court ruling. However, the token's uptick is not without its risks.
Shiba Inu Profit Calculator
In this case, the price rises. However, when the ask volume is higher, it suggests that more traders are willing to sell. Here, the price tends to go lower.was higher, which was proven as the token’s price increased by 5.34% in 24 hours. While SHIB gained significant traction, recent market dynamics also suggest that the road ahead may not be smooth for the token.
Well, according to the SHIB/USD daily chart, demand initiated at $0.0000071 could not override sellers’ nullification at $0.0000077.
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