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Crypto

Shiba Inu Supply Nears 100 Trillion Threshold on Centralized Exchanges

Guavy AI Editorial Team
Instruments
SHIB
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The circulating supply of Shiba Inu on centralized exchanges has dropped to about 86.1 trillion SHIB, nearing the significant 100 trillion threshold.

This decline indicates that investors are withdrawing tokens from exchanges to private wallets, reducing liquidity available for immediate sale and suggesting increased holder confidence.

Despite this positive supply trend, SHIB's price remains in a prolonged downtrend, trading near $0.0000041 with bearish momentum dominating technical indicators.

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