- SHIB lost 2.38% of its value in the seven days but it may not drop below $0.0000082.
- If the money flow continues in the positive territory, the token may hit $0.00001 before the year ends.
- Shiba Inu’s fear and greed index was 64%, indicating that traders are tilting to the bullish side.
For the past three years, Shiba Inu (SHIB) holders have found it difficult to be in celebratory mode in December. According to CoinMarketCap, when SHIB tapped its all-time high (ATH) of $0.000080 around October 2021, the price tanked until it reached $0.000030 in December.
Fast forward to 2022, it was not any better. Although affected by the FTX collapse, the token dropped from $0.000012 in November till it hit $0.0000083 around December 28.
SHIB All-Time Performance (Source: CoinMarketCap)
Not This Time
Lately, SHIB has been inconsistent with its movement. In the last 24 hours, the cryptocurrency reclaimed $0.0000084. But the last seven days have not been the best for SHIB, losing 2.38% of its value in the process.
This indecisiveness has brought out the conversation speculating around a repeat of its usual performance in the 12th month of the year. At the time …
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