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SHIB Takes a 5% Hit—But Diamond Hands Refuse to Fold

SHIB Takes a 5% Hit—But Diamond Hands Refuse to Fold

Author:
CoindeskEN
Published:
2025-05-24 15:31:44
17
3

SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground

Another day, another crypto dip—but SHIB’s loyalists aren’t blinking. The memecoin slid 5% overnight, yet the support floor held firm as retail ’hodlers’ dug in. Guess those ’when Lambo?’ dreams die hard.


Price pain meets stubborn holders

No fancy fundamentals here—just pure degenerate resilience. While TradFi analysts clutch their pearls over the drop, SHIB’s army treats it like a Black Friday discount. Never underestimate the power of internet-fueled hopium.


The cynical take

Let’s be real: this is the same asset that once moved 10x on Elon Musk tweeting a dog photo. If you’re betting on ’technical support levels,’ you might as well read tea leaves. But hey—at least it’s more entertaining than watching paint dry on your 401(k).

|Square

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