Event JSON
{
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"tags": [
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"https://crypto.news/heres-why-shiba-inu-price-is-on-the-verge-of-more-downside/"
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[
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"Here’s why Shiba Inu price is on the verge of more downside"
],
[
"published_at",
"1744223498"
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[
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[
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"The Shiba Inu price has been declining due to the ongoing performance of the crypto market, with Bitcoin (BTC) and most altcoins retreating. The Mean Dollar Invested Age and number of active addresses on the network have also been declining, indicating increased distribution and decreased activity. The Shibarium network's total value locked has dropped significantly, and the token's 3-day chart shows a double-top pattern and a death cross, suggesting a continued descent."
]
],
"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgz0qt9j2rdq0gh6lhcmcs97uymqmfl3k6rkw9pydxsy7zcnwanq3gk2xvke\nhttps://crypto.news/app/uploads/2024/12/crypto-news-DOGE-Shiba-Inu-price-option01.webp\nShiba Inu, the popular Ethereum-based meme coin, has dropped to a critical support level as the broader cryptocurrency market remains under pressure. Shiba Inu (SHIB) price rebounded to $0.00001199 on Wednesday after trading at $0.00001145, its lowest level since February…\nhttps://crypto.news/heres-why-shiba-inu-price-is-on-the-verge-of-more-downside/",
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