Shiba Inu outlook: What 417 trillion coins hitting break-even mean for SHIB price

The cryptocurrency market displayed bearish activities over the past seven days as Bitcoin lost over 5.35% to its press time levels of around $62.59K. Such sentiments saw Shiba Inu (SHIB) returning to the price value of $0.000018, hitting levels never explored since February. SHIB plummeted further to the $0.00001696 low, weakening the upward impetus further.

Source: Invezz