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Why Shiba Inu Price Might Boom as Exchange Deposits Hit 3-Year Low

CoinGape
Summary
Nutrition label

65% Informative

Shiba Inu price is trending inside a range after failing to sustain above the range in the recent market-wide rally.

NVT ratio surged back to monthly highs, but investor sentiment is bullish on SHIB .

Coinglass Liquidation Map shows there are way more SHIB longs than shorts.

The meme coin price increased by 3.5% in the last 24 hours and price was traded at $ 0.00001413 .

VR Score

43

Informative language

30

Neutral language

43

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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