Shiba Inu Price Drops 30% as Investor Interest Wanes; Further 20% Decline Possible
• Shiba Inu (SHIB) price is down 30% and could see another 20% decline due to declining investor interest and more coins being held by short-term holders • SHIB price currently trading at $0.00002542, after failing to reclaim support at $0.00002800 • Network growth metrics show new investors are pulling away from SHIB • Over 23 trillion SHIB worth $582 million recently moved into hands of short-term holders who may sell for profits • Key support levels to watch $0.00002268 and 100-day EMA around $0.00002039, where price may bounce back if reached