More Pain For Shiba Inu Price? Amid $90K SHIBDAO Exploit

Shiba Inu price has mostly been consolidating over the last month, with an occasional spike above the range around mid-August. The price action depicts a potentially bearish pattern forming spells lower prices for SHIB price in the long run. In the meantime, over $90,000 donated to the Shiba Inu by Welly has gone missing, raising concerns among the community about the the transparency and decentralized nature of the Shibarium chain.

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