23,210,000,000,000 Share price $SHIB
Subject to testing amid market fluctuations
The cryptocurrency "Shiba Inu" ($SHIB ), which has a dog-like character, is facing renewed pressures as market weakness drives its prices down. The cryptocurrency market recorded significant losses at the beginning of Sunday’s session, with very few digital assets trading in a state of increase. This decline in trading followed a widespread sell-off during the past week, as investors sought to take profits and alleviate macroeconomic uncertainty.
As a result, the cryptocurrency market experienced sell-offs worth $131 million over the past twenty-four hours, with $83 million from long positions.
Amid the fluctuations, attention is now focused on a key level on the Shiba Inu chain, where 23.21 trillion Shiba is held, and the price of Shiba is currently hovering around this level. 23.21 trillion Shiba is held at an average cost of $0.000012 by 60,380 addresses.
What’s next?
Shiba Inu has continued its decline from its peak on June 11 at $0.00001362 for the fifth day. The drop tested the support level at $0.00001141 to rise slightly, but the bulls were unable to regain their momentum.
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