Shiba Inu: is more pain expected for SHIB investors during Q4?
Shiba Inu saw a breakout on Wednesday as the markets skyrocketed , reaching new monthly highs. These small price breakouts occurred a handful of times this year but failed to carry the price momentum forward. For 10 months straight, SHIB has not rallied in the indices in 2022 and has traded at a disadvantage for three-consecutive quarters. The token might repeat the feat in Q4 of 2022, as the global economy is affected by various macroeconomic factors . Also Read: If You Invested $1,000 in Shiba Inu in 2020, How Much Would it Be Worth Now? More Pain Expected For Shiba Inu Investors? Source: Pixabay For those of you who missed watching the charts, Shiba Inu added a zero for a brief period on Tuesday. SHIB slipped to $0.00000974 this week but recovered an hour later, losing the zero it added. While the quick recovery is commendable, this may spell danger to the dog-themed token. Source: CoinGecko.com The global economy is in unfavorable conditions, and several analysts have...