💨 Abstract

The article discusses the current state and potential future of Shiba Inu (SHIB), a popular meme cryptocurrency. Despite a 75% drop in value last quarter, SHIB has shown signs of a potential recovery, with predictive algorithms suggesting a reversal pattern. SHIB is trading 86% below its all-time high and presents both risk and opportunity. The coin's long-term success depends on developing real utility in the ecosystem.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖