Shiba Inu Jumps 30 %, But Enters Profit‑Taking Danger Zone

Shiba Inu (SHIB) recently saw a sharp 30% price rally in the last seven days, delivering notable profits to its holders.   However, as the meme coin experienced this rise, the market began to overheat, creating a situation where the price could face a correction. The sudden surge has led to challenges for SHIB, as investors may now look to cash out. Shiba Inu Investors Gain Profits The 30-day Market Value to Realized Value (MVRV) Ratio for Shiba Inu is currently sitting at 22% source: https://beincrypto.com/shiba-inu-price-prepares-for-correction/