ShibaFundamentalAnlysis
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📈 SHIB Lead Shytoshi Kusama Hints At TREAT Token Launch 🚀
SHIB lead Shytoshi Kusama teases the TREAT token’s arrival, which is expected to enhance Shiba Inu’s ecosystem with trust, governance, and DeFi features.
#shiba⚡ #SHIBAUSDT #Shibalnu #ShibaFundamentalAnlysis $SHIB
SHIB lead Shytoshi Kusama teases the TREAT token’s arrival, which is expected to enhance Shiba Inu’s ecosystem with trust, governance, and DeFi features.
#shiba⚡ #SHIBAUSDT #Shibalnu #ShibaFundamentalAnlysis $SHIB
Shiba Inu's price prediction for 2025 is looking bullish.
Shiba Inu's price prediction for 2025 is looking bullish! According to CoinCodex, the cryptocurrency is expected to trade in a price channel between $0.00002114 and $0.000109, with an average annualized price of $0.00004416 . This could result in a potential return on investment of 328.51% by June 2025.
Monthly Price Predictions for 2025:
January: $0.00002162 (min), $0.00002360 (avg), $0.00002485 (max)
February: $0.00002114 (min), $0.00002173 (avg), $0.00002315 (max)
March: $0.00002152 (min), $0.00002333 (avg), $0.00002484 (max)
April: $0.00002152 (min), $0.00002261 (avg), $0.00002411 (max)
May: $0.00002249 (min), $0.00004501 (avg), $0.00007031 (max)
June: $0.00007367 (min), $0.00008864 (avg), $0.000109 (max)
Keep in mind that these predictions are based on technical analysis and market trends, but the crypto market is known for its volatility. It's essential to stay informed and adjust your investment strategies accordingly.
Would you like to know more about Shiba Inu or other cryptocurrencies?
Monthly Price Predictions for 2025:
January: $0.00002162 (min), $0.00002360 (avg), $0.00002485 (max)
February: $0.00002114 (min), $0.00002173 (avg), $0.00002315 (max)
March: $0.00002152 (min), $0.00002333 (avg), $0.00002484 (max)
April: $0.00002152 (min), $0.00002261 (avg), $0.00002411 (max)
May: $0.00002249 (min), $0.00004501 (avg), $0.00007031 (max)
June: $0.00007367 (min), $0.00008864 (avg), $0.000109 (max)
Keep in mind that these predictions are based on technical analysis and market trends, but the crypto market is known for its volatility. It's essential to stay informed and adjust your investment strategies accordingly.
Would you like to know more about Shiba Inu or other cryptocurrencies?
Tobi Garcon cWgC:
I believe shib can make me rich this time 🙏
$SHIB
#SHIBAUSDT kissed the support trendline and the price bounced from there. If you have opened long positions at the support line, increase your stop loss and hold the position. We may see a move towards the resistance area now.
#ETHETFsApproved #StartInvestingInCrypto #Shibainuholder #ShibaFundamentalAnlysis
#SHIBAUSDT kissed the support trendline and the price bounced from there. If you have opened long positions at the support line, increase your stop loss and hold the position. We may see a move towards the resistance area now.
#ETHETFsApproved #StartInvestingInCrypto #Shibainuholder #ShibaFundamentalAnlysis
SHIB had a quick dip below the support line to trigger stop losses. The price is now showing a strong upward movement. We'll have to wait and see if the price can break through the resistance area. The next move will be decided by a break of the triangle pattern.
Resistance Area: 2810-2880
#ShibaFundamentalAnlysis #SHIBAUSDT #Shibainuholder #StartInvestingInCrypto #BlackRock
Resistance Area: 2810-2880
#ShibaFundamentalAnlysis #SHIBAUSDT #Shibainuholder #StartInvestingInCrypto #BlackRock
Shiba Inu Price prediction 2024
SHIB
$0.00001635
-1.68%
#shiba⚡ $SHIB
SHIB
0.00001635
-1.74%
Shiba Inu prices are currently under intense pressure to correct, and purchasers are finding it difficult to take control of the market's recovery. The SHIB price breaks through the long-term resistance trendline, but is unable to maintain the breakout rally, which leads to a decline below $0.000010.
Nevertheless, a double bottom formation on the Shiba Inu price trend indicates that buyers are once again entering the market, breaking the run of lower high formations. Shiba Inu (SHIB) has had a difficult start to 2024, but the price movement for Shiba Inu in 2024 will be greatly influenced by the continuous struggle at the support trendline.
The price may hit the aim of $0.00006697 in 2024 if it can keep rising above $0.00003682. However, the SHIB price might surely fall to $0.000010 if it reverses. While a downturn is still a possibility, SHIB's outlook is generally favourable.
#SHIBAUSDT #Shibainuholder #ShibaFundamentalAnlysis #shiba⚡ $SHIB
$0.00001635
-1.68%
#shiba⚡ $SHIB
SHIB
0.00001635
-1.74%
Shiba Inu prices are currently under intense pressure to correct, and purchasers are finding it difficult to take control of the market's recovery. The SHIB price breaks through the long-term resistance trendline, but is unable to maintain the breakout rally, which leads to a decline below $0.000010.
Nevertheless, a double bottom formation on the Shiba Inu price trend indicates that buyers are once again entering the market, breaking the run of lower high formations. Shiba Inu (SHIB) has had a difficult start to 2024, but the price movement for Shiba Inu in 2024 will be greatly influenced by the continuous struggle at the support trendline.
The price may hit the aim of $0.00006697 in 2024 if it can keep rising above $0.00003682. However, the SHIB price might surely fall to $0.000010 if it reverses. While a downturn is still a possibility, SHIB's outlook is generally favourable.
#SHIBAUSDT #Shibainuholder #ShibaFundamentalAnlysis #shiba⚡ $SHIB
look here shib 2020 lowest price and now current price
how poeple are say shib will go 1$?
I dont think so. just trade and see....
how many agreed with my point?
follow n share
#shib
##ShibaFundamentalAnlysis
#MemeWatch2024 #notcoin #BTC
how poeple are say shib will go 1$?
I dont think so. just trade and see....
how many agreed with my point?
follow n share
#shib
##ShibaFundamentalAnlysis
#MemeWatch2024 #notcoin #BTC
Buy Entry right know shib. Going towards new high. #Shibainuholder #ShinaInuOfficialTEAM #ShibaFundamentalAnlysis
Predicting the future value of any cryptocurrency, including Shiba Coin, is highly speculative and uncertain. Many factors can influence its price, including market demand, investor sentiment, regulatory developments, and technological advancements. While it's theoretically possible for Shiba Coin to reach $1, it would require significant adoption and support within the crypto community, as well as broader acceptance in mainstream markets. However, such predictions should be taken with caution as the cryptocurrency market is known for its volatility. #ShibaFundamentalAnlysis #SHIBUpdate #Shibalnu
Shiba Inu Investors Scoop up 1,710,000,000,000 SHIB in a Single Day..
#Shibalnu investors holding between 0.1% and 1% of SHIB’s circulating supply procure over 1.71 trillion (1,710,000,000,000) tokens in a day amid the 9% price spike.
This marked #shiba⚡ highest daily gain in four days, triggering a rejuvenation of investor interest. This renewed interest led to a 109% increase in Shiba Inu’s volume to $709 million on May 20, per CoinMarketCap data.
#PEPE #altcoins #ShibaFundamentalAnlysis
DATE:
MAY 22, 2024
WRITTEN BY: Mr_Coda
#Shibalnu investors holding between 0.1% and 1% of SHIB’s circulating supply procure over 1.71 trillion (1,710,000,000,000) tokens in a day amid the 9% price spike.
This marked #shiba⚡ highest daily gain in four days, triggering a rejuvenation of investor interest. This renewed interest led to a 109% increase in Shiba Inu’s volume to $709 million on May 20, per CoinMarketCap data.
#PEPE #altcoins #ShibaFundamentalAnlysis
DATE:
MAY 22, 2024
WRITTEN BY: Mr_Coda
### Here’s How Shiba Inu Could Spike to $1.2
🔥 **BRED Airdrop Is Live!** 🔥 Claim 50,000 BRED Tokens Worth $50 USDT Instantly. This airdrop is available for the next 24 hours. BRED will soon be listed on Bitmart, Bitget, and MEXC.
The ongoing mild recovery in the broader market has impacted Shiba Inu’s price, which has jumped by 6.56% in the last 24 hours. Yesterday, Shiba Inu surged past the $0.000015 mark, prompting positive predictions from market analysts.
**CoinW Predicts SHIB Could Hit $1**
This week, the leading crypto exchange CoinW predicted that SHIB’s price could skyrocket by 7,627,665% to reach $1. CoinW made this bold forecast alongside predictions like Bitcoin hitting $100,000 and Cardano (ADA) surging to $5.
However, CoinW’s prediction of SHIB reaching $1 raised eyebrows in the crypto community due to SHIB’s massive circulating supply of 589.27 trillion tokens. To reach $1, SHIB would need to eliminate four zeros from its current price.
**SHIB Could Reach $1.2 If It Repeats Its 2020/2021 Success**
If Shiba Inu repeats its massive growth from 2020/2021, it could potentially surpass CoinW’s $1 prediction and hit $1.2. Between 2020 and 2021, Shiba Inu’s price increased by an astonishing 76,000,000%.
Shiba Inu, which started as just another memecoin in August 2020, gained immense popularity after Ethereum’s founder, Vitalik Buterin, burned 410 trillion SHIB tokens and donated the rest to charity. This move, along with SHIB being listed on major exchanges like Binance and Coinbase, fueled its rapid rise.
#ShibaFundamentalAnlysis #shiba⚡ #CryptoMarketMoves
🔥 **BRED Airdrop Is Live!** 🔥 Claim 50,000 BRED Tokens Worth $50 USDT Instantly. This airdrop is available for the next 24 hours. BRED will soon be listed on Bitmart, Bitget, and MEXC.
The ongoing mild recovery in the broader market has impacted Shiba Inu’s price, which has jumped by 6.56% in the last 24 hours. Yesterday, Shiba Inu surged past the $0.000015 mark, prompting positive predictions from market analysts.
**CoinW Predicts SHIB Could Hit $1**
This week, the leading crypto exchange CoinW predicted that SHIB’s price could skyrocket by 7,627,665% to reach $1. CoinW made this bold forecast alongside predictions like Bitcoin hitting $100,000 and Cardano (ADA) surging to $5.
However, CoinW’s prediction of SHIB reaching $1 raised eyebrows in the crypto community due to SHIB’s massive circulating supply of 589.27 trillion tokens. To reach $1, SHIB would need to eliminate four zeros from its current price.
**SHIB Could Reach $1.2 If It Repeats Its 2020/2021 Success**
If Shiba Inu repeats its massive growth from 2020/2021, it could potentially surpass CoinW’s $1 prediction and hit $1.2. Between 2020 and 2021, Shiba Inu’s price increased by an astonishing 76,000,000%.
Shiba Inu, which started as just another memecoin in August 2020, gained immense popularity after Ethereum’s founder, Vitalik Buterin, burned 410 trillion SHIB tokens and donated the rest to charity. This move, along with SHIB being listed on major exchanges like Binance and Coinbase, fueled its rapid rise.
#ShibaFundamentalAnlysis #shiba⚡ #CryptoMarketMoves
#SHİB INU is in a bullish pennant flag that is about to break out to the upside. It is a beautiful flag with a huge pole, perfectly executed.
The Fibonacci retracement is giving us the target price (TP) with 100% potential.
Just follow the chart; it is pretty obvious. The Stochastic RSI is about to pump on the daily chart.
Everything is aligned for a bullish wave.
DYOR (Do Your Own Research), as anything can happen. This is my personal opinion, not investment advice.
#Shibainuholder #ShibaFundamentalAnlysis #Shibalnu #ETHETFS
The Fibonacci retracement is giving us the target price (TP) with 100% potential.
Just follow the chart; it is pretty obvious. The Stochastic RSI is about to pump on the daily chart.
Everything is aligned for a bullish wave.
DYOR (Do Your Own Research), as anything can happen. This is my personal opinion, not investment advice.
#Shibainuholder #ShibaFundamentalAnlysis #Shibalnu #ETHETFS
#Shiba Inu: $100 to $1.6 Billions
If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀
Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.
The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀
This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥
Here is a table that summarizes your investment:🐮🐮🐮
Investment, Purchase price, Sale price, Profit
$100 in $SHIB $0.000000000056 $0.00008845 $1.6 billion
Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB
#ShibaFundamentalAnlysis
like & follow @india_crypto
If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀
Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.
The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀
This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥
Here is a table that summarizes your investment:🐮🐮🐮
Investment, Purchase price, Sale price, Profit
$100 in $SHIB $0.000000000056 $0.00008845 $1.6 billion
Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB
#ShibaFundamentalAnlysis
like & follow @india_crypto
$SHIB WILL TAKE BULLISH !!
Guys take your entry long here and hold on your positions as you can see it is going to break the resistance level at 0.00001750$ with bullish momentum and look likes it will go high after this to make bullish trendlines with straight graph !! You can hold it until it reach 0.00002000$ !! I think this target will completed soon and you will makes excellent profit by enjoying this trade !! Also likes other trade risk is present here but no risk no gain !! You need to take risk to take gain !! Use stoploss to avoid any big loss and make money on target !!
Check my latest graph below here to take your entry and enjoy this trade here !!
#SHIBAUSDT
#ShibaFundamentalAnlysis
#ETH_ETFs_Trading_Today
#Bitcoin_Coneference_2024
#BinanceHODLerBANANA
$FLOKI
$BONK
Guys take your entry long here and hold on your positions as you can see it is going to break the resistance level at 0.00001750$ with bullish momentum and look likes it will go high after this to make bullish trendlines with straight graph !! You can hold it until it reach 0.00002000$ !! I think this target will completed soon and you will makes excellent profit by enjoying this trade !! Also likes other trade risk is present here but no risk no gain !! You need to take risk to take gain !! Use stoploss to avoid any big loss and make money on target !!
Check my latest graph below here to take your entry and enjoy this trade here !!
#SHIBAUSDT
#ShibaFundamentalAnlysis
#ETH_ETFs_Trading_Today
#Bitcoin_Coneference_2024
#BinanceHODLerBANANA
$FLOKI
$BONK
Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains
Popular ERC-20 meme coin Shiba Inu ($SHIB ) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024.
At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year.
By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB ’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days.
However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB ’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line.
With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain.
Mega Dice’s $DICE Tempts Shiba Inu Holders
Shiba Inu has realised that very few meme coins will survive the post-adoption future, when crypto will become a ubiquitous means of payment and store of value for the general public. That’s why earlier this year, the team behind it announced a $12 million fundraise towards a new privacy focused layer-3 blockchain.
NOTE; Please DYOR
#shiba⚡ #Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong #bullish
Popular ERC-20 meme coin Shiba Inu ($SHIB ) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024.
At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year.
By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB ’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days.
However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB ’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line.
With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain.
Mega Dice’s $DICE Tempts Shiba Inu Holders
Shiba Inu has realised that very few meme coins will survive the post-adoption future, when crypto will become a ubiquitous means of payment and store of value for the general public. That’s why earlier this year, the team behind it announced a $12 million fundraise towards a new privacy focused layer-3 blockchain.
NOTE; Please DYOR
#shiba⚡ #Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong #bullish
##Shibainuholder #shiba #SHIBAUSDT #ShibaFundamentalAnlysis $SHIB why are we selling shiba?
if you want to be Billionaires then you have to Buy more.
Buy more Shiba inu and rifill the fuel tank for going to moon 🚀
if you want to be Billionaires then you have to Buy more.
Buy more Shiba inu and rifill the fuel tank for going to moon 🚀
$SHIB /𝐔𝐒𝐃𝐓 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐄𝐧𝐭𝐫𝐲 𝐚𝐧𝐝 𝐏𝐫𝐨𝐟𝐢𝐭 𝐓𝐚𝐫𝐠𝐞𝐭𝐬 𝐢𝐧 𝐚 𝐕𝐨𝐥𝐚𝐭𝐢𝐥𝐞 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐏𝐡𝐚𝐬𝐞
The $SHIB /USDT pair is currently trading at 0.00001948, reflecting a slight decline, indicating a potential consolidation phase after recent fluctuations. Key support is identified at 0.00001896, while resistance lies at 0.00002068, suggesting the market could either break out or continue ranging. For small traders, a strategic entry could be around the support level of 0.00001900 with a tight stop-loss set slightly below at 0.00001870 to limit downside risk.
A profit-taking strategy can be set in tiers: an initial target at 0.00002050 for short-term gains, followed by a second target near the resistance at 0.00002068. If the price breaks above this resistance with strong volume, an extended profit target can be set at 0.00002100.
Traders should closely monitor market indicators, especially trading volume and moving averages, to confirm breakout signals before adjusting their positions. This approach balances risk while offering opportunities for incremental profits in a volatile market.
#SHIBAUSDT #Shibainuholder #ShibaFundamentalAnlysis #SHIBAUSDT #shiba⚡
The $SHIB /USDT pair is currently trading at 0.00001948, reflecting a slight decline, indicating a potential consolidation phase after recent fluctuations. Key support is identified at 0.00001896, while resistance lies at 0.00002068, suggesting the market could either break out or continue ranging. For small traders, a strategic entry could be around the support level of 0.00001900 with a tight stop-loss set slightly below at 0.00001870 to limit downside risk.
A profit-taking strategy can be set in tiers: an initial target at 0.00002050 for short-term gains, followed by a second target near the resistance at 0.00002068. If the price breaks above this resistance with strong volume, an extended profit target can be set at 0.00002100.
Traders should closely monitor market indicators, especially trading volume and moving averages, to confirm breakout signals before adjusting their positions. This approach balances risk while offering opportunities for incremental profits in a volatile market.
#SHIBAUSDT #Shibainuholder #ShibaFundamentalAnlysis #SHIBAUSDT #shiba⚡
Transforming a modest $100 into a remarkable sum might seem like a fantasy, but for early investors
Transforming a modest $100 into a remarkable sum might seem like a fantasy, but for early investors in Shiba Inu ($SHIB), it became a dazzling reality. Launched in August 2020 as a playful spin-off inspired by Dogecoin, Shiba Inu quickly expanded its footprint by establishing a decentralized platform called ShibaSwap, supporting additional tokens like BONE and LEASH. This innovative approach helped propel it onto major exchanges such as Coinbase, Kraken, and Robinhood.
🌟 Investment Insight:
Launch Price: In August 2020, Shiba Inu tokens debuted at an almost invisible price of $0.00000000051 each.
Initial Investment: A $100 investment at launch would have netted you a staggering 196,078,431,373 SHIB tokens.
Current Value: Fast forward to today, with SHIB priced at $0.0002027, that initial $100 investment would now be valued at approximately $3,974,509.80.
Peak Value: During its peak in October 2021, SHIB reached $0.00008845 per token, skyrocketing the value of that initial $100 investment to an astronomical $17,343,137.25!
🌟 Future Prospects: Shytoshi Kusama, the enigmatic developer behind Shiba Inu, is teasing further innovations, including a stablecoin named SHI. Coupled with a significant increase in the coin’s burn rate—resulting in a 12% rise in just one day and 44% over a week—there's a palpable buzz around its future trajectory.
🌟 Key Takeaways: This case study exemplifies how modest stakes in digital currencies can lead to extraordinary financial gains. Shiba Inu’s journey from a meme coin to a major player in the cryptocurrency market illustrates the lucrative potential of investing early in innovative digital assets.
🌟 Market Movements: Currently, Shiba Inu's price oscillates within a 52-week range of $0.000006688 to $0.00004534, continuously fueling interest and speculation about its next big breakthrough. 🚀
#SHIBAUSDT #ShibaFundamentalAnlysis #BinanceLaunchpoolHMSTR #TCPredictedNewATH #moonbix
🌟 Investment Insight:
Launch Price: In August 2020, Shiba Inu tokens debuted at an almost invisible price of $0.00000000051 each.
Initial Investment: A $100 investment at launch would have netted you a staggering 196,078,431,373 SHIB tokens.
Current Value: Fast forward to today, with SHIB priced at $0.0002027, that initial $100 investment would now be valued at approximately $3,974,509.80.
Peak Value: During its peak in October 2021, SHIB reached $0.00008845 per token, skyrocketing the value of that initial $100 investment to an astronomical $17,343,137.25!
🌟 Future Prospects: Shytoshi Kusama, the enigmatic developer behind Shiba Inu, is teasing further innovations, including a stablecoin named SHI. Coupled with a significant increase in the coin’s burn rate—resulting in a 12% rise in just one day and 44% over a week—there's a palpable buzz around its future trajectory.
🌟 Key Takeaways: This case study exemplifies how modest stakes in digital currencies can lead to extraordinary financial gains. Shiba Inu’s journey from a meme coin to a major player in the cryptocurrency market illustrates the lucrative potential of investing early in innovative digital assets.
🌟 Market Movements: Currently, Shiba Inu's price oscillates within a 52-week range of $0.000006688 to $0.00004534, continuously fueling interest and speculation about its next big breakthrough. 🚀
#SHIBAUSDT #ShibaFundamentalAnlysis #BinanceLaunchpoolHMSTR #TCPredictedNewATH #moonbix
#Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis
Shiba Inu is showing signs that a potential price reversal could be underway. SHIB is currently consolidating after bouncing off important support levels following a protracted downtrend over the previous few months. The asset is facing many obstacles, but a recovery is not completely out of the question. SHIB's ability to rise higher will depend on a few key price points.
Potential reversal situation: SHIB's ability to keep its support above the 100-day EMA, which is presently at $0.00001664, is the first essential component of a reversal. SHIB will have created a strong foundation from which to launch a comeback if it can hold this level.
Shiba Inu is showing signs that a potential price reversal could be underway. SHIB is currently consolidating after bouncing off important support levels following a protracted downtrend over the previous few months. The asset is facing many obstacles, but a recovery is not completely out of the question. SHIB's ability to rise higher will depend on a few key price points.
Potential reversal situation: SHIB's ability to keep its support above the 100-day EMA, which is presently at $0.00001664, is the first essential component of a reversal. SHIB will have created a strong foundation from which to launch a comeback if it can hold this level.
🚨Can Shiba Inu (SHIB) Lose a Zero From Its Price in 2024?😱🔎
$SHIB Inu (SHIB) could potentially remove a zero from its price in 2024, which would require a significant increase of over 400% from its current value of $0.0000199. But how likely is such a jump? The chances are relatively low. With the growing competition from various dog and cat-themed cryptocurrencies, it’s becoming harder for $SHIB to stand out and achieve that kind of growth.
Back in 2021, SHIB saw an impressive rise, gaining 2,140% in just 50 days, which led to it successfully dropping a zero from its price—going from $0.000004 to $0.000089. This surge was fueled by strong marketing and a general bull market. However, the situation has changed since then. Investors now have more options, including frog and cat-themed cryptos, as well as new projects linked to the upcoming 2024 U.S. elections. This wider range of choices has spread liquidity thin, making it harder for any single token, like SHIB, to see the same kind of explosive growth.
While the last quarter of the year is often favorable for crypto, it’s unlikely $SHIB will rally enough in 2024 to drop a zero from its price.
#Shibainuholder #ShibaFundamentalAnlysis #BinanceLaunchpoolHMSTR #EIGENonBinance #itwiseFilesXRPETF
$SHIB Inu (SHIB) could potentially remove a zero from its price in 2024, which would require a significant increase of over 400% from its current value of $0.0000199. But how likely is such a jump? The chances are relatively low. With the growing competition from various dog and cat-themed cryptocurrencies, it’s becoming harder for $SHIB to stand out and achieve that kind of growth.
Back in 2021, SHIB saw an impressive rise, gaining 2,140% in just 50 days, which led to it successfully dropping a zero from its price—going from $0.000004 to $0.000089. This surge was fueled by strong marketing and a general bull market. However, the situation has changed since then. Investors now have more options, including frog and cat-themed cryptos, as well as new projects linked to the upcoming 2024 U.S. elections. This wider range of choices has spread liquidity thin, making it harder for any single token, like SHIB, to see the same kind of explosive growth.
While the last quarter of the year is often favorable for crypto, it’s unlikely $SHIB will rally enough in 2024 to drop a zero from its price.
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