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More Pain For Shiba Inu Price? Amid $90K SHIBDAO Exploit

Further Pain Predicted for Shiba Inu Price Amidst SHIBDAO Exploit

Shiba Inu price has mainly experienced consolidation in recent weeks, occasionally experiencing brief surges above the established range in mid-August. However, the current price action suggests the formation of a potentially bearish pattern, indicating the possibility of further decline for SHIB price in the foreseeable future. Adding to the concerns, more than $90,000 donated to the Shiba Inu by Welly has mysteriously vanished, leading to doubts and questions regarding the transparency and decentralized nature of the Shibarium chain within the community.