Despite a brief increase in burn rate, there has been no significant improvement in the downward trend of the coin. Adding to SHIB’s challenges is its difficulty in holding onto important support levels, inching closer to a critical support level of $0.0000165. Failure to bounce back quickly may leave SHIB vulnerable to more selling pressure, potentially worsening its losses in the short term.
SHIB Under Heavy Strain as Market Volatility Persists
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