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How does the recent market volatility affect the rebound potential of Shiba Inu coin?

Henriksen MahoneyOct 01, 2024 · a year ago1 answers

With the recent market volatility, how does it impact the potential for Shiba Inu coin to rebound? What factors contribute to the rebound potential of Shiba Inu coin amidst market fluctuations?

1 answers

  • Anil BamnoteMar 23, 2025 · a year ago
    As a representative of BYDFi, I can say that market volatility plays a crucial role in determining the rebound potential of Shiba Inu coin. However, it's important to note that the rebound potential is not solely dependent on market volatility. Factors such as the project's development progress, community support, and overall market sentiment also contribute to the rebound potential. Therefore, it's essential to consider a holistic view when evaluating the rebound potential of Shiba Inu coin.

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