Big news about Shiba Inu (SHIB), a cryptocurrency! Its price has gone way down recently, but some things might make it go back up.
Think of Shiba Inu like a digital puppy coin. Lots of people own it, but the price changes a lot.
It's been a tough time for many digital puppy coins.
- Shiba Inu's price dropped a lot (61%), reaching its lowest point since September.
- Many other similar coins also lost value.
- But there are some good signs: More SHIB coins are being 'burned' (destroyed), which could make the remaining ones more valuable.
- Some smart investors might be buying SHIB because it's now cheaper.
- Charts show that the price may bounce back.
| Fact | Number |
|---|---|
| Price drop since December | 61% |
| Current SHIB price | Very low |
| Possible price increase | Up to 155% |
| Coins burned | Over 410 trillion |
