Shiba Inu (SHIB), the popular meme coin, has been struggling to break out of a downtrend that has persisted for the past three months.
Despite recent efforts to regain momentum, SHIB’s price failed to sustain upward movement, indicating that the altcoin may not be able to recover just yet. As market conditions continue to fluctuate, Shiba Inu could face further challenges in its attempts at recovery.
Shiba Inu Sees LTHs Panicking
Investor sentiment has taken a bearish turn, as evidenced by the rising Age Consumed metric
source: https://beincrypto.com/shiba-inu-key-holders-move-to-sell/