SHIB Tanks 7.4% in Seven Days—But Crypto Degens Still See Moon Potential

BTCC / BTCC Square / Coindesk /

Author:

Release Time:

2025-05-05 19:52:38

SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic

Another week, another meme coin bloodbath. SHIB holders watched $1.2B evaporate as the token nosedived—yet true believers cling to hopium like Wall Street clings to outdated valuation models.

Market pulse: Despite the plunge, trading volume spiked 18%. Either bagholders are averaging down, or someone’s gambling on a dead cat bounce.

Reality check: When ’cautious optimism’ means celebrating only single-digit losses, maybe reconsider your asset allocation. Just saying.

By:

Log in to Reply

Berkshire Hathaway Still Calls Bitcoin ’Rat Poison’—Even Without Buffett’s Bite

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.