Shiba Inu (SHIB) Might Make Significant Move in Upcoming Week: Details

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Shiba Inu (SHIB) Might Make Significant Move in Upcoming Week: Details
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$SHIB has not been showing exceptional performance in the last few weeks, but the situation may change sooner than expected

has seen a period of relative stagnation for the past 24 days, but this might change in the upcoming week, according to recent data. The cryptocurrency, famous for its meme-coin origins, has displayed almost no volatility in recent weeks, but several indicators suggest that a significantRecent data points hint at a liquidity crunch for SHIB. The numbers reveal a drop in large transactions, down to 95 from an average of 365, and the total volume of these transactions has dropped sharply.

Order book data, which provides insight into buyer-seller trade differences, reveals an increase in SHIB buys over various intervals, and wallet data shows a mixed picture, with increases in holdings for some ranges and decreases for others.Interestingly, network usage data also indicates a drop from an average of 7,000 daily transactions to around 3,500. However, this does not necessarily point toward a crisis.

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