Hello Publish0xians,

Shiba Inu price has fell a little over 10% over the last week. seeing a price move forward past the $0.000012 zone could give hopes.

Shiba bulls have struggled to push past the $0.0000125. Which mean that further losses are imminent leaning on the bear market point of view its time to accumulate altcoins and think long-term. Maybe just maybe long-term Shiba Inu investors need to get more tokens in their loot bags. In the near team point of view some volatility can be expected with how the coin has lost half of its value over the year.

The meme token movement faces a slowdown due to multiple market cycles which were sustained by enthusiasm for hype and online virality. Shiba Inu has lost support from the culture momentum and because its raising doubts about the value in a market that demands decreases the price.

Most investors are leaning towards real-world solutions. Right now, Shiba Inu shares the same pattern found in Dogecoin where much of the market value comes from viral attraction. With the recent burn mechanism, it has shown little success while diminishing supply and its trading price remains at a steady $0.000012. Shiba Inu hasn't made a significant change other than its development team behind Shibarium layer-2 network.

I'm looking forward to hearing your perspective!

Take care and talk soon,