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Shiba Inu Deflationary Pressures Rise As $SHIB Investors Are Looking For Alternatives  Cryptonews 29 août 2024

Shiba Inu Deflationary Pressures Rise As $SHIB Investors Are Looking For Alternatives  📉

SHIB Shiba Inu

Shiba Inu's ($SHIB) burn rate has been on a steady decline, causing significant deflationary pressures. This drop has led to a downward spiral in the token's value since March.

Back in March, Shiba Inu had an $8.5 billion market cap and was testing resistance levels at $0.0000380. Investors are now looking for alternative investments as $SHIB continues to struggle.

Source : cryptonews.com ↗

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