Shiba Inu 180% Surge in Buys: Reversal Incoming?

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Shiba Inu 180% Surge in Buys: Reversal Incoming?
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Shiba Inu saw increase in number of purchases on market, but things are not looking pretty

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

SHIB and other altcoins might benefit, for example, from good news regarding institutional interest in cryptocurrencies or regulatory clarity. It is also important to remember that even though the number of purchases has increased, this does not always indicate ongoing demand. But you should exercise caution and use other factors in addition to this metric when making long-term investment decisions.

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