All Shiba Inu (SHIB) Indicators Are Flashing Red, But Is It That Bad?

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All Shiba Inu (SHIB) Indicators Are Flashing Red, But Is It That Bad?
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$SHIB Indicators are flashing red, but Shiba Inu is more than alive and has recovery potential in the future

remains in a poor state in terms of price performance and might not show us positive price performance for the foreseeable future. But investors should not panic yet.

IntoTheBlock's data consists of six indicators, most of them moving in the red zone in relation to Shiba Inu. The current state of the token is indeed depressing, and metrics like Net Network Growth and Large Transactions confirm the thesis.

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