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Shiba Inu Trades Below $0.000005 for a Second Straight Day

SHIB also traded above $0.000005 on Oct. 20, but the record does not establish a final daily close above the level.

Two copper dog-profile tokens rest below a narrow brass line / TokenPost.ai
Two copper dog-profile tokens rest below a narrow brass line / TokenPost.ai

Shiba Inu (SHIB) traded below $0.000005 on Oct. 19 and Oct. 20, marking two consecutive dates with trading under the threshold.

SHIB had dipped below the same level on Oct. 15, when a daily candle touched $0.00000483 and the token later traded near $0.00000496.

On Oct. 20, SHIB also traded above $0.000005, putting prices on both sides of the threshold.

Trading under the threshold on two consecutive dates marks a price-level test, but does not establish that $0.000005 has held as support. The Oct. 20 record does not establish a final daily close above the level. Further daily closes will provide a clearer measure of whether SHIB can stay above it.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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