1,000% gain? Shiba Inu currency owners are betting on the success of the initial offering of this new currency $SHIB $ICO
SHIB
0.00001661
-1.24%
Due to the state of sluggishness that the price of the Shiba Inu coin (Shiba Inu-SHIB) has been experiencing recently, its owners have moved to bet on the new initial offering (ICO) of the Shiba Shootout coin, which many believe in its ability to achieve gains of 11 times or 1,000%, especially after the stability of... The price of SHIB is at $0.000017, below the recent highs of $0.000020 and below the 50-day and 200-day moving average lines (DMA-50 & 200).
This decline comes amid an improvement in the general market mood and the price of Bitcoin (BTC) once again exceeding the $68,000 mark following the release of promising data on inflation rates within the United States, in addition to investors’ anticipation of the upcoming keynote speech by US presidential candidate Trump during the Nashville conference - on the BTC currency. Which may provide a favorable atmosphere for its price to rise and perhaps reach new higher levels during the next few weeks. All of this may pave the way for a new wave of rises in meme prices and stimulate the SHIB value to take off again to retest its highest annual levels recorded above $0.000045, which may represent gains of 3 times compared to its current level, which is what the bulls are targeting.