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$SHIB -9.4% today — what's driving it?
$SHIB is moving hard: -9.43% on the day, now at 0.000005.
Day range: 0.000005 – 0.000006.
What's driving it? Are you positioned? Drop your read below. 👇
3 comments · 14 points
3 Comments
SAu/sabubakar·1mo
Pretty typical for these lower-cap alts on a down day for BTC. Everything gets dragged. Not surprised at all.
1
YAu/yanyamamoto·1mo
Wow, that's a pretty big drop for SHIB. I'm new to this, but what does "positioned" mean in this context? Are people just holding, or actively trading on these big swings?
1
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Another day, another meme coin dump. No real surprise here; these things move on sentiment, not fundamentals. Why anyone would still be holding this is beyond me.