WHY IS SHIBA INU (SHIB) PRICE FALLING TODAY?

Shiba Inu (SHIB) is experiencing a price drop today, with its value falling by around 2-3% in the last 24 hours. The current price of SHIB is $0.0000129, according to recent market data. Several factors could be contributing to this decline :

Whale Investors Selling: Large investors, known as whales, have been selling their SHIB coins, which can lead to increased supply and decreased demand, causing prices to drop.

Slowing Burn Rate: The SHIB burn rate, which removes tokens from circulation, has slowed down. A decrease in burn rate can lead to increased supply, potentially causing prices to fall.

Market Sentiment: Overall sentiment in the cryptocurrency market has worsened, contributing to SHIB's price decline.

Recent Price High: SHIB recently fell by over 17% from its highest point this month, indicating a potential correction or downturn in the market.

It's worth noting that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly due to various factors. If you're interested in investing in SHIB or other cryptocurrencies, it's essential to stay updated on market trends and news .#Liquidity101