Shiba Inu Price Plummets, Social Dominance Surges
This is a news story, published by CoinGape, that relates primarily to MVRV news.
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Shiba Inu priceCoinGape
•Shiba Inu Price Flashes Bottom Signs After 9-Day Drop
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
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42
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36
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English
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48
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External references
3
Source diversity
3
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