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Shiba Inu Faces Selling Pressure from Large Holders

Major holders are selling off Shiba Inu. Will the meme coin decrease in value?
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AI Analysis

The current trend indicates that prominent investors are gradually divesting their holdings of Shiba Inu, a popular meme cryptocurrency. Such large-scale selling activity can exert downward pressure o...

AI Recommendation

Investors should exercise caution and consider the potential for short-term downside risk due to the recent sell-offs. It might be prudent to monitor further developments and volume trends before maki...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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