The Shiba Inu price has remained stable despite a decline in SHIB’s activity while underwater investors move to the 5000x altcoin ETFSwap to recover their losses.

Recent Shiba Inu price predictions have varied, with SHIB maintaining a tepid price action amid the decline in the meme coin’s adoption. Many SHIB investors are still out of the money with the Shiba Inu price below the $0.00002 support level. This has led underwater investors to focus on the 500x altcoin ETFSwap (ETFS) to recoup their losses. 

SHIB price remains stable despite decline in SHIB activity

The Shiba Inu price has remained stable despite the decline in SHIB activity. For now, the Shiba Inu price continues to range around $0.000018, still below the crucial support level of $0.000020. Despite the Shiba Inu price stability, the meme coin is still at risk of dropping due to SHIB’s declining activity. 

Onchain data shows that investors aren’t focusing on SHIB like they are on other meme coins. A lack of interest among new investors paints a low picture for the Shiba Inu price, since increased adoption is what mainly leads to price rallies for coins like SHIB. The decline in SHIB activity means that the Shiba Inu price could still drop to as low as $0.000010. Considering this bearish outlook, underwater SHIB investors are currently focusing on coins that can help them recover their losses. 

Underwater investors are moving to ETFSwap

SHIB’s underwater investors are turning t

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Author: Guest Post