SHIB's Shiba Inu Army Can They Keep the Momentum Going

  • The Shiba Inu post inspired by Vitalik Buterin gained traction, reflecting strong bullish sentiment among SHIB holders.

  • SHIB’s price trends show mixed signals, with technical indicators suggesting short-term bullish momentum amid overall bearish conditions.

  • Changellyblog’s forecast for SHIB suggests growth potential but warns of significant volatility through December 2024.

The Shiba Inu (SHIB) community rallied recently after a social media post from the official Shiba Inu account on X. The post mirrored one by Ethereum cofounder Vitalik Buterin, featuring a bull image with the text “Shiba is good.” Buterin’s similar “Ethereum is good” tweet had briefly boosted ETH’s price.

Shiba is Good! 🐂 pic.twitter.com/Qj4iB9kbVH

— Shib (@Shibtoken) August 28, 2024

The Shiba Inu post quickly gained traction among the SHIB Army, reflecting the community’s bullish sentiment. The bull image and positive message aimed to boost confidence in the token’s potential. It also highlighted social media’s influence on crypto markets, especially with prominent figures like Buterin involved.

Currently, Shiba Inu’s price stands at $0.000014 with a 24-hour trading volume of $195…

The post SHIB’s Shiba Inu Army: Can They Keep the Momentum Going? appeared first on Coin Edition.

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