$SHIB is back at a price level that could become a foundation for a future price reversal
to gain risk exposure thanks to the asset's high volatility in comparison to other cryptocurrencies.
Unfortunately, with the poor network activity and the general drop of the industry, one of the main mechanisms that kept Shiba afloat was no longer working as effectively as it used to.One of the main drivers of the meme-powered network has always been the enormous burning volume that led to almost a 50% decrease of the circulating supply of the asset.
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