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Shiba Inu’s Shibarium on Verge of 1 Billion Transactions; What’s Left?
After a strong upward momentum, Shiba Inu (SHIB) has encountered profit-taking in the market, leading to a pullback and decline in its price. The cryptocurrency, which has been surging recently, is now on the verge of reaching 1 billion transactions on Shibarium, a crucial milestone that could potentially impact its value.
As reported earlier, SHIB’s price fell by around 15% in just hours, wiping out weekly gains and leaving it only up 0.49% over the past seven days. This significant decline highlights increased market volatility and selling pressure as traders capitalize on recent gains.
At the current price of $0.0000128, investors may be left wondering what’s next for SHIB. Despite its impressive growth, the cryptocurrency still needs to overcome various challenges before it can reach new heights.
The author is a guest writer at U.Today
Source: https://u.today/shiba-inus-shibarium-on-verge-of-1-billion-transactions-whats-left
