Shiba Inu (SHIB) Trading Volume Near Zero, XRP Sees 100% Surge in User Activity, Tom Lee Shares $3 Million Bitcoin (BTC) Prediction — Crypto News Digest
Shiba Inu price faces pressure as trading volume nears zero
SHIB is not doing that well, and volumes are close to hitting near-zero values, which can essentially halt the rally.
- Market stagnation. SHIB continues to struggle as trading activity on major exchanges dries up
With trading activity drying up on major exchanges and volume levels falling dangerously close to zero, Shiba Inu is still under increasing pressure. Investor interest in the once-hyped meme token appears to be waning as fast as volatility itself, as evidenced by the declining participation.
- Technical outlook. The meme token remains trapped in a narrow consolidation range near $0.0000102
SHIB has been trapped in a narrow consolidation range for weeks, failing to draw…
