One of the $SHIB fundamental metrics is on the rise, here's how its price reacts
's burning mechanism is one of the main growth fuels for the token on the cryptocurrency market. Whenever large burns occur, SHIB almost always reacts accordingly.
Such poor price performance is a result of the massive outflow of funds from the cryptocurrency market caused by the tightening of the monetary policy in the U.S. and, therefore, decreasing demand for risks from investors.Meme tokens and coins like Shiba Inu and Dogecoin usually become the biggest victims during fundamental changes in traditional markets.
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