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Understanding the $0.000026 Threshold in Shiba Inu Trading

Jun 8, 2024

In the current market scenario, the $0.000026 level stands out as a key sell wall for Shiba Inu, influencing the price movements of SHIB tokens. With 64,320 addresses collectively holding 69.74 trillion SHIB at this price point, the significance of this threshold is evident. Whenever Shiba Inu nears $0.000026, these addresses tend to initiate selling activity, contributing to heightened selling pressure and potential corrections in the market. The recent market movements have demonstrated the impact of this threshold on Shiba Inu’s price trajectory.

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