📉 The price of Shiba Inu continues to fall, reaching its lowest level since March. SHIB's trading volume in the last 24 hours was over $297 million, which is significantly less than other meme coins. 🐕‍🦺

An example of this is Pepe, with a smaller market capital but over $1 billion in trading volume over the same period.

Shiba Inu is also lagging the market as Shibarium has failed to attract the attention of investors and developers.

However, a recovery in Shiba Inu could happen if there is an overall recovery in the cryptocurrency industry. Another potential catalyst for Shiba Inu could be a filing for the SHIB ETF.

What do you think is the future for Shiba Inu? 🤔 Leave your opinion in the comments!