🐶 Why $SHIB Price May Rebound Soon: The Fundamentals
There are three main reasons why the #SHIB price may surge in the coming days. First, the crypto and stocks fear and greed index has moved to the extreme fear zone as concerns about tariffs and recessions have risen. History shows that times of panic are followed by exuberance, which may happen soon.
Second, Shiba Inu has established itself as one of the most fundamentally strong meme coins in the industry. It has created an ecosystem of #Shibarium that recently crossed the 1 billion transaction milestone. The developers have now said that the network is moving to its golden era of strong growth. Also, Shiba Inu is one of the top deflationary tokens because of its consistent burns.
Third, Shiba Inu price may jump if the Federal Reserve slashes interest rates to deal with Donald Trump’s tariffs and the potential recession. Risky assets like SHIB do well when a central bank is cutting interest rates.
Buy and Trade $SHIB