Shiba Inu’s Future Looks Grim: Slow Network
Activity to Blame
Shiba Inu (SHIB) price is presenting a nuanced picture as it navigates through various market
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indicators.
On one hand, certain metrics suggest a stabilization in activity, hinting at a cautious optimism among investors. On the other, emerging technical patterns and fluctuating investor interest indicate the possibility of upcoming volatility.
Slow Shiba Inu Network Activity
An analysis of Shiba Inu‘s average transaction size over the last month paints a narrative of rapid growth followed by stabilization.
Initially, there was a significant decrease in the average transaction size, dropping 81.23% in just under two weeks. However, following this drop, the transaction size began to stabilize, indicating a move towards a more stable phase for SHIB price.
