Experts Massive Warning: Shiba Inu Dips Signal 10x Potential Rise
Shiba Inu (SHIB) has hit a rough patch. The token, known for its dog-inspired branding, is stuck in a narrow price range, trading around $0.000013. Over the past week, investors have grown concerned as SHIB struggles to break out.
The broader market downturn has shaken confidence. Yet, some in the community remain hopeful. A prominent Shiba Inu supporter, known as @ShibainuCoin on X, has advised holders to stay calm. His message is simple: patience. He points out that every dip is just a setup for the next rise, a belief rooted in the markets cyclical nature.
While recent performance has tested nerves, the advice from @ShibainuCoin is not new. The SHIB team itself has issued similar calls for patience. Last month, Lucie, the Shiba Inu marketing lead, spoke after SHIB saw a sharp 23.48% decline. Lucie attributed the fall to political unrest, particularly the Israel-Hamas conflict. Her advice mirrored @ShibainuCoins: stay focused on the long-term.
At the time of writing, Shiba Inu is priced at $0.00001302, with a 24-hour trading volume of $113.96 million. In the past 24 hours, SHIB rose by 0.71%, but on a weekly scale, its down 1.78%.
Shiba Inus Historical Path
Historically, SHIB has shown resilience. After launching in August 2020 at $0.000000000056, it quickly gained momentum, deleting several zeros from its price within months. By November 2021, SHIB hit an all-time high of $0.00008845, a staggering increase of over 150 million percent.
Today, SHIB investors are reminded that downturns arent forever. With community members like @ShibainuCoin offering reassurance, many are holding onto hope for a future rally. Long-term developments and past recoveries suggest that Shiba Inus story is far from over.
Read more: https://www.tronweekly.com/warning-shiba-inu-dip-signal-10x-potential-rise/
Text source: TronWeekly
