Shiba Inu (SHIB) is experiencing significant pressure on its price as trading volume drops to near-zero values. This decline in activity on major exchanges could potentially halt any ongoing rally for the cryptocurrency.
The Shiba Inu (SHIB) cryptocurrency is facing challenges, with its trading volume approaching zero on major exchanges. According to recent reports, SHIB is not doing well, as volumes are close to hitting near-zero values. This situation can essentially halt the rally, with trading activity drying up significantly.
Volume levels are falling dangerously close to zero, putting additional pressure on the Shiba Inu price. While the token has seen past interest, the current low activity signals potential stagnation in market momentum. No specific timelines or exact figures were provided in the available data, but the trend underscores broader concerns in the meme coin sector.
This development occurs amid a volatile cryptocurrency market, though details on other assets like XRP or Bitcoin predictions were noted in related headlines but not elaborated here.