SHIB Price Wobbles as 82 Trillion Tokens Sit on Exchanges — Here Is Why Traders Are Cautious

The price of Shiba Inu (SHIB) is experiencing notable fluctuations as an astounding 82 trillion tokens remain available on various cryptocurrency exchanges. This situation has led to a heightened sense of caution among traders, prompting them to carefully consider the implications of such a substantial reserve of tokens in circulation. In light of these developments, several factors are contributing to their hesitance, including market volatility, concerns about potential sell-offs, and the overall sentiment prevailing in the cryptocurrency market. Here’s a deeper look into the reasons behind this cautious approach adopted by traders. source: https://blocknews.com/shib-price-wobbles-as-82-trillion-tokens-sit-on-exchanges-here-is-why-traders-are-cautious/