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Shiba Inu Hits Two-Month Low in Holder Confidence — Further Drop Ahead?
Shiba Inu (SHIB) has dropped more than 20% since late July, caught in a bearish descending channel. On-chain data shows declining new user activity and a falling holder retention rate, pointing to growing selling pressure and a challenging outlook for the meme coin’s near-term recovery.
The post Shiba Inu Hits Two-Month Low in Holder Confidence — Further Drop Ahead…
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