Shiba Inu is a digital money that people can buy and sell. Sometimes its value goes up, sometimes it goes down. Over the past week, it was worth more than before, but in the last day, it lost some of its value. Read from source...
1. The headline is misleading and exaggerated. It implies that Shiba Inu has suffered a significant loss in value, when in fact it has only decreased by 3.53% within 24 hours. This could cause fear or panic among investors who may not read the entire article or understand the context of the crypto market.
2. The use of technical terms such as Bollinger Bands and trading volume without proper explanation or definition can confuse readers who are not familiar with these concepts. It also creates a sense of authority and expertise for the writer, without actually providing any valuable insights or analysis.
3. The comparison between the price movement over 24 hours and over the past week is not meaningful or helpful. It shows that Shiba Inu has had a positive trend in the previous week, but this does not necessarily imply that it will continue to rise or fall in the future. It also ignores other factors such as market sentiment, news, regulations, etc. that could affect the price of cryptocurrencies.
4. The mention of the circulating supply and the increase in its amount is irrelevant and confusing. It does not explain how this affects the value or demand for Shiba Inu, nor does it provide any context or comparison with other cryptocurrencies. It also implies that the writer does not understand the difference between circulating supply and total supply, which could undermine their credibility.