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CoinGape

Shiba Inu Price Flashes Bottom Signs After 9-Day Drop

CoinGape
Summary
Nutrition label

69% Informative

Shiba Inu is down 2.7% daily and is trading at $ 0.00001325 .

On-chain metrics signal a potential bottom, and a price rebound may be coming soon.

The 30-day and 365-day Market Value to Realized Value ( MVRV ) are dropping along with the price, indicating the average Shib Inu holder is seeing reduced profitability.

Shib social dominance surged to monthly highs, which indicates that the asset is receiving a lot of attention.

VR Score

52

Informative language

42

Neutral language

36

Article tone

formal

Language

English

Language complexity

48

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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