Shiba Inu Faces Dilemma at 81 Trillion SHIB Level as Price Dips 29%

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Shiba Inu Faces Dilemma at 81 Trillion SHIB Level as Price Dips 29%
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Shiba Inu's decline comes amid broader drop in crypto markets

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Despite the recent price dip, the dog-themed cryptocurrency has managed to hold its footing at a crucial 81 trillion SHIB level, a testament to its resilience in a fluctuating market.data, where Shiba Inu currently trades, 81.94 trillion SHIB was bought by 115,950 addresses between the price range of $0.000022 and $0.000028 at an average price of $0.000025.

Moving ahead, Shiba Inu faces a lesser hurdle between $0.000028 and $0.000031, with 15.31 trillion SHIB purchased among 39,310 addresses at an average price of $0.000029.Looking ahead, the ability of Shiba Inu to sustain the 81 trillion SHIB level will be closely watched by the crypto community.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.

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