Shiba Inu (SHIB) Might Plummet to $0.000009 Level, Here's Why

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Shiba Inu (SHIB) Might Plummet to $0.000009 Level, Here's Why
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Technical data suggests that the only support level left for $SHIB might be breached

, the once-popular meme coin, is in danger of plummeting to the $0.000009 price level as it struggles to maintain its current support. The asset has been consolidating around this level for an extended period, which often signals a potential breakdown. Furthermore, SHIB already tested the $0.

Moreover, there has been a noticeable absence of any major news or developments related to SHIB, which could help drive the price higher. In the fast-paced world of cryptocurrencies, a lack of positive momentum can often be a significant factor in determining an asset's future price direction. Without any catalysts to spur investor interest, SHIB remains vulnerable to further price declines.

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