Doggy-themed meme coin, Shiba Inu (SHIB), is potentially headed for a significant market downturn. Recent data highlights a dramatic decrease in the cryptocurrency’s whale transaction volume.
This substantial decline in whale activity could imply severe consequences for its price outlook. The lowered transaction volumes could indicate decreasing interest or confidence from major holders or investors.
As a result, Shiba Inu’s price might face a downward trend if the transaction volume does not recover soon.
