Shiba Inu prices have fallen sharply, hitting a level not seen in months. Consequently, a vast number of investors saw their losses go unpaid.
About SHIB 66.75 trillion was bought at prices ranging from $0.00002100 to $0.00002500, as seen on the Global In/Out of the Money (GIOM) indicator. Assuming memcoin's price stays stable, this $1.38 billion volume has the potential to turn a profit.
At the same time, the RSI dropped below 40, marking its lowest point in eight months.
