Shiba Inu's market composition is suggesting that new investors are not buying actively
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For a speculative asset like SHIB, dominance by long-term holders may indicate stability, which is generally viewed as a good sign. However, it may also indicate a decline in the excitement and hype surrounding the token. With key support levels appearing at $0.00001704 and $0.00001622, the price chart analysis indicates that Shiba Inu is holding above the $0.000017 level.However, the asset is finding it difficult to generate enough momentum for additional growth.
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