Shiba Inu Stalls Despite Massive 92 Billion SHIB Inflow Surge
Photo: CryptoNewsLand
92 billion SHIB entered exchanges, yet represented only 0.11% of reserves. Weak buyer demand remains the main reason behind SHIB's price stagnation. SHIB risks further declines unless volume pushes price above $0.0000052. A surge of 92 billion SHIB into exchanges would usually grab attention. Many traders may expect such a move to spark sharp price action. Yet, Shiba Inu continues to struggle below key levels. The latest data reveals a larger issue hiding beneath the surface. Exchange inflows have increased, but buyer activity remains weak. Without stronger demand, even large token movements may fail to trigger a meaningful recovery.
Source: CryptoNewsLand
