According to analysts, Shiba Inu will not be worth $1. 🤯🐕😰The Shiba Inu cryptocurrency has been a subject of intense speculation and volatility, prompting investors to closely examine various indicators to gauge its future price movements. In this analysis, we delve into key factors that suggest a potential decrease in Shiba Inu's price.Recent data from Santiment reveals a decline in new Shiba Inu addresses, signaling reduced market participation. This decline in activity may indicate waning interest among investors.Analysts highlight the foreign exchange inflow of 24.88 billion SHIB, exceeding the outflow of 17.53 billion. This imbalance indicates a prevailing selling trend among market participants, which could potentially impact the value of the token.The overall sentiment in the market is leaning towards selling rather than accumulation. This imbalance raises doubts about the likelihood of Shiba Inu approaching the coveted $1 mark, despite the potential for short-term price increases.Shiba Inu's All-Time High (ATH) at $0.000086 marks a substantial 91.30% drop, posing a challenge for a swift recovery. The historical context of this drop emphasizes the uphill battle for Shiba Inu to regain lost ground.Glassnode's NVT Signal, based on a 90-day moving average of daily transaction volume, suggests an increasing trend. While low NVT values typically align with market bottoms, Shiba Inu's current NVT Signal does not indicate a favorable trading discount.Considering these factors, the short-term outlook for Shiba Inu appears to be challenging. The NVT Signal, combined with other metrics, points towards a possible decrease in the token's price. This raises concerns about the feasibility of Shiba Inu reaching the $1 mark in the long run.Exercise caution with Shiba Inu due to current market conditions and metrics. Price increases are possible, but hurdles in the short and long term advise against overly optimistic predictions. Stay informed for well-informed decisions #BTC #ShibaInuSurge