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@BOMBERuss more from that month

The Shiba Inu meme token has been declining for the fourth week in a row and at the time of publication is trading at $0.00003767, having lost another 9% of its value per day and more than 50% relative to absolute highs. The decline occurs against the background of the liquidation of the token by large holders, according to blockchain data. According to Nansen, more and more investors with significant assets in SHIB are reducing the size of positions in order to fix profits. The data from Santiment also confirms an increase in the number of SHIB transactions in excess of $100,000 since the beginning of the month. The number of wallets making deposits to the addresses of centralized exchanges has also increased. Until recently, SHIB was the most traded asset on centralized exchanges, but since then trading volumes have dropped significantly. Nansen analysts say that for meme tokens, trading volumes are one of the main characteristics, and their fall indicates a decrease in investor interest. At the same time, the turnover of virtual reality-related tokens, such as Decentraland (MANA) and Sandbox (SAND), has grown (More information on the channel https://noise.cash/c/cryptotrading-g1rrn0w1) According to the number of Google searches, interest in Shiba Inu is now estimated at only 22 points, after peaking at around 100 at the end of October. Despite the predominance of negative trends, the number of unique addresses that have SHIB on their balance sheet continues to increase. On November 11, when the price was already declining, their number exceeded one million. #CryptoTrading #cryptocurrency #tokens #price #SHIB #ShibaInu #trading

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