Shiba Inu (SHIB) Ends May With Enormous Minus: What's Next?

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Shiba Inu (SHIB) Ends May With Enormous Minus: What's Next?
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Shiba inu $SHIB ends May with the largest monthly drop since November: Is the worst ahead? Prepare for the Shibocalypse shibainu shib shibarmy shibarium shibaeternity shibburn

The alarming aspect of this situation is that the current decline may only be the tip of the iceberg for, signaling the possibility of further setbacks. A closer examination of the monthly chart reveals that the token's price is poised to reach its lowest point at $0.000007, a level last seen exactly one year ago.

While it remains uncertain whether SHIB will plummet to absolute lows, the overall weakness exhibited by altcoins in the spring, combined with the price action resembling a technical rebound from the 2022 fall, suggests a greater likelihood of continued decline.

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