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SHIB

Shiba Inu's Massive Supply Dilutes Market Impact Despite Low Trading Volume

I observe that there are approximately 588 trillion coins in circulation, which is an extremely large number. Given that the total market cap is only about 3 billion, this represents merely 0.0005% of the entire supply. Consequently, its impact on the market appears negligible because the daily trading volume for Shiba Inu is around ten to a hundred billion tokens.
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AI Analysis

The commentary highlights the enormous total supply of approximately 588 trillion tokens, which significantly exceeds typical coin circulation numbers. When compared to the market cap of only around 3...

AI Recommendation

Investors should recognize that due to this high supply and relatively low trading volume, Shiba Inu's price may not experience sharp fluctuations based solely on market activity. Caution is advised, ...

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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Shiba Inu's Bollinger Bands Signal Imminent Volatility Surge After Weekly Decline

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Early Altcoin Season Success Story: From $10K to $1M in Half a Year with Shiba Inu

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Unlaunched ShibaSwap DEX Fell Due to Limited Interest

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Shiba's Path Towards Full Decentralization as a Meme Coin Endeavor

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Shiba Inu (SHIB) Retraces to Support Levels, Caution Pending

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Shiba Inu ($SHIB) Under Technical Pressure Amid Bearish Signals

Shiba Inu ($SHIB) faces technical bearishness with RSI near oversold levels and negative MACD, indicating increased selling pressure despite token burn efforts.
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Potential for SHIB Rebound Amid Market Activity

Analyzing SHIB's market prospects, I see potential for growth driven by community support and investor interest, but caution is advised due to inherent volatility.
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Shiba Inu's Growth Potential and Importance of Capital Management

Learn how this crypto cycle highlights the importance of responsible capital management in Shiba Inu investing, aiming for profits within the 0.0001 to 2 target range.
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