**Shiba Inu: Small Holders Flee, But Thereโ€™s Hope! ๐Ÿถ**

- **Small Holders Flee**: In the past 30 days, the price of Shiba Inu (SHIB) has fallen 5.5% to around $0.00001328. Small holders of SHIB have declined sharply, indicating high levels of Fear, Uncertainty, and Doubt (FUD).

- **Santiment Speaks**: Analytics platform Santiment notes that 30-day trading returns have fallen slightly to -1.1%, while long-term returns have plummeted -31.7%. However, SHIB could rebound if Bitcoin stabilizes and altcoins thrive.

- **FUD and Wallets**: The number of wallets holding less than 1 billion SHIB has hit its lowest level since November 2022. This indicates massive FUD with big players controlling a large portion of the supply.

- **Positive Signals**: Despite the gloomy conditions, there is hope. SHIB netflow on exchanges has been negative in the last 7 days, indicating a shift to self-custody that could ease selling pressure.

- **Burn Mechanism**: SHIBโ€™s burn rate exploded by over 8,000% in the last 24 hours, with over 3 million tokens destroyed. This could make SHIB more scarce and potentially more valuable.

What do you guys think? Is SHIB set to rise? Comment below!