Shiba Inu's move forward is more than possibility, according to on-chain metric
is trading at $0.00000813, and it has been hovering around this level for the past seven days. This lack of price movement may be a precursor to a significant shift, and one key metric, global in/out of the money byThe GIOM metric identifies the average cost at which tokens were purchased for any address with a balance. If the current price is greater than the average cost, the address is"in the money"; if less, it is"out of the money.
From a technical standpoint, the low volatility in SHIB's price could be a double-edged sword. On the one hand, it indicates a lack of buying pressure, but on the other, it means that less liquidity is needed for the price to move upward. This could be advantageous if a sudden surge in buying power occurs, as it would require less capital to push the price higher.ecosystem, such as the relaunch of Shibarium, could act as catalysts for price movement.
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