SHIB Struggles to Regain Momentum Amid Market Volatility

Shiba Inu (SHIB) holders are bracing for potential further declines in April as the cryptocurrency struggles to recover from recent market downturns. Despite a brief 5% rebound between Monday and Tuesday, SHIB failed to sustain its momentum, slipping back into losses. Over the past month, SHIB investors have faced mounting losses exceeding 12%, compounded by broader bearish sentiments in the crypto market. While the SHIB community remains active, the token’s performance continues to be influenced by overarching market trends, leaving its short-term outlook uncertain.

Shiba Inu Holders Could Face Another Drop in April

The markets are still recovering from Black Monday, and the Shiba Inu (SHIB) price is struggling to regain value. SHIB managed a 5% increase between Monday and Tuesday but was unable to sustain momentum and dropped again. Investors are feeling the burn of the price drop, with losses mounting up to over 12% in the past month. Despite efforts by the SHIB community, overall bearish sentiments in the markets impacted all actively listed tokens.

Shiba Inu: Potential Gains if SHIB Reclaims All-Time High

The cryptocurrency market experiences highs and lows daily. Shiba Inu (SHIB) investors have seen notable spikes and downfalls, but currently, as the asset is stepping up, SHIB is expected to reclaim its peak. In the past 24 hours, SHIB recorded a 10.25% spike, trading at a high of $0.00001196. Before rising to a high of $0.00001213, SHIB was priced at a low of $0.00001078.

Shiba Inu Price Hits 13-Month Low; Investors Flock to YETIO Presale

The Shiba Inu (SHIB) price has reached its lowest level in 13 months, trading at about $0.00001063 despite the Shibarium network crossing 1 billion transactions. Investors are turning their attention to functional systems, evidenced by the acquisition of over 213 million Yeti Ouro ($YETIO) tokens in the presale stage three. Technical analysis indicates a bear market trend with high volume.

Shiba Inu Lead Dev Hints at ‘Next Phase’ with Advanced Tech

As market fear swirls, Kaal Dhairya, the Shiba Inu lead dev, directs the community’s gaze forward, hinting at a significant “next phase” for the ecosystem. He urged the community to build through the current market slump and pointed towards specific technological advancements such as Rollups, Fully Homomorphic Encryption (FHE), and beyond. His post came during a period of declining prices across the digital asset market, acknowledging the negative sentiment often termed “FUD” for fear, uncertainty, and doubt.