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Shiba Inu Price FormedCoinGape
•Business
Business & Economics
63% Informative
Shiba Inu (SHIB) price has shed more than 16% of its value in the last seven days alone.
On-chain data indicates that a meme coin's price bottom has been formed.
MVRV ratio and volume of daily on-chain transactions in losses flip bullish.
CMF indicator on the daily chart shows a bullish divergence suggesting smart money may be buying the dip.
At press time, SHIB trades at $ 0.0000141 with a 3% decline in 24 hours .
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