Why SHIB Price Lost Its Bullish Energy After Shiba Eternity Games’ Release

SHIB, along with the greater majority of the crypto space, stared at price dips for the last 24 hours with the asset declining by 7.7%. Shiba Inu seen growing five times towards the end of October after Shiba Eternity release SHIB down 8.8% for the past seven days Shiba Inu headed for another bearish momentum The 13th largest cryptocurrency having a total market capitalization of $5.9 billion currently trades at $0.00001019 according to tracking from Coingecko. The dog-themed altcoin akin to Dogecoin has now lost 8.8% of its price for the past seven days and is on a position that is far from what was expected of it after the release of the Shiba Eternity game. Following the development, Shiba Inu was forecasted to have a bullish rally and immediately grow 3x in terms of trading price. Not only that, the asset was also predicted to increase in value as it changes hands five-fold. But the recent decline made some crypto enthusiasts wonder why SHIB price lost its energy after Shiba Eternity games’ release. Related Reading: Quant Price Watch: Crypto Looking At 20% Rally This Week With This Pattern Shiba Eternity – How It Impacts SHIB Price SHIB failed to leverage the release of one of the highly anticipated games in crypto space this year to help it move out of its slump and bearish momentum. But one should take into consideration that “Eternity” is a newly introduced one and might not yet have the ability to com...