Shiba Inu Failure To Delete a Zero After 180 Days

Shiba Inu Fails To Delete a Zero After 180 Days

Since it’s fall on May 2023 into the five zero price mark, Shiba Inu has failed to delete a zero .

The current cycle is officially the longest since SHIB failed to delete a ‘zero’ in the charts since August 2020. SHIB is currently trading with five ‘zeroes’ today and the price has remained stagnant for six months in the indices. The lackluster performance has been said to be testing the patience of investors who desire to see it amount to a cent.

However, the opposite of what they need is turning true as the token is unable to satisfy their financial aspirations. 

SHIB: Days Passed This Year Since SHIB Did Not Delete a ‘Zero

Shiba Inu traded with four ‘zeroes’ up until May 6, 2023 where it slipped to five zeroes. Considering that SHIB fell to five ‘zeroes’ on May 7 2023, it’s been 180 days since it failed to delete a ‘zero’ this year.

Also read:Prominent Trader Hails Shiba Inu as ‘Best Play of His Life’ with 90,000% Profits

This marks  the longest time period that SHIB has struggled to knock out a ‘zero’ in the charts. The token did not rally even after it successfully launched its most-awaited project, the Shibarium layer-2 network. The delay in releasing Shibarium is touted to be the reason why it failed to generate any hype among investors.

The delay in deleting  its zeroes keeps Shiba Inu further away from reaching the 1-Cent mark. 

At press time, Shiba Inu was trading at $0.00000779 and is down by 0.76% in the 24-hours day trade.

Shiba Inu Current Price

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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