$SHIB has been successfully going upward, but now it is at a crossroads
finds itself at a crossroads as it faces headwinds from the broader market correction and declining network activity. Until recently, the token had benefited from a high burn rate and a surge in network activity, which contributed to its improved market performance. However, as these factors start to wane, the future trajectory of Shiba Inu hangs in the balance.
Despite these challenges, it is essential to note that Shiba Inu has demonstrated remarkable resilience and adaptability in the past. The community-driven project has expanded its scope beyond being a mere meme token, delving into the realms of decentralized finance and non-fungible tokens .recently encountered strong resistance around the $2,000 price level after entering the much-anticipated Shanghai era.
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