Shiba Inu's stock price remains below its announced targets, while Shibarium usage is plummeting.
On-chain data analysis reveals a discouraging reality for Shiba Inu investors.
The stock is trading near its multi-year lows, while Shibarium usage is plummeting, making a potential comeback after a slump unlikely.
This situation is a clear indicator of a potential revaluation of the cryptocurrency in the market, which could have significant implications for investors.
Next, I will analyze what this situation means for investors and whether there is any hope for a recovery in the near future.