Shiba Inu (SHIB) Takes a Serious Hit: Is the Worst Yet to Come?
• Shiba Inu (SHIB) experienced an 8% price increase over the past week but lost its position as the second-largest meme coin to MemeCore (M), which saw a 35% rise.
• The gap between SHIB and the fourth-largest meme coin, PUMP, is significant at around $1.3 billion, but declining Shibarium activity and increasing SHIB tokens on exchanges raise concerns about future performance.
• Historically, September has been a challenging month for SHIB, with its valuation declining in three out of the last five years during this period.
https://cryptopotato.com/shiba-inu-shib-takes-a-serious-hit-is-the-worst-yet-to-come/
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