Shiba Inu's price has experienced a substantial drop, losing key support levels. This decline is significant and has caught the attention of many in the crypto community.
Despite the current setback, on-chain metrics indicate a potential market bottom. These indicators hint at the possibility of a recovery for Shiba Inu in the near future.
Investors are closely monitoring these metrics to determine if now is an opportune time to invest, hoping for a turnaround in Shiba Inu's fortunes.