However, the recent 7-day drop in price indicates the high-risk nature of meme tokens, where sentiment and social media buzz play significant roles in influencing price. Overall, SHIBU’s market action underscores the importance of caution for investors, as the token exhibits both potential for rapid gains and high susceptibility to sudden declines. To get the most out of SHIBU’s price action, you will definitely need an efficient exchange like CoinEx, as price changes can sometimes happen quite fast.

PS: This article doesn’t constitute financial advice.

SHIBU Doge Mascot: The Famous Dog Meme Crypto on Solana