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 future M L N R 2h・3.1k views Follow Shiba Inu (SHIB) Price Prediction: April 2024 Shiba Inu (SHIB) seems to be turning the tide following the market-wide rally. The popular dog-themed cryptocurrency is up 6.6% in the last 24 hours, 19.3% in the weekly charts, and nearly 208% over the previous month. Moreover, SHIB’s price has risen almost 180% since late March 2023. However, SHIB is still down by 9.6% in the 14-day charts. Also Read: If You Put $1000 In Shiba Inu on Jan. 1, 2024, How Much Could You Make? SHIB’s latest rally could be due to Bitcoin (BTC) reclaiming the $71k level and inching closer to its all-time high. Moreover, BTC’s halving is just around the corner, which could send the original crypto to a new peak. In such a scenario, we may witness other assets hitting new highs. According to CoinCodex, Shiba Inu (SHIB) could surge to $0.00004323 on Apr. 1, 2024. However, the platform anticipates SHIB to continue its rally throughout next month, hitting a new all-time high late in the month. According to CoinCodex, SHIB could hit $0.00009891 by Apr. 22, 2024. Reaching $0.00009891 from current levels would translate to a growth of about 234.6%. Changelly also paints a bullish picture for SHIB. According to the platform, the popular dog-themed crypto will hit $0.00003823 on Apr. 1, 2024. Moreover, Changelly also anticipates SHIB to hit a new all-time high next month, reaching $0.00009508 on Apr. 21, 2024. Also Read: Shiba Inu Goes Mobile: Robinhood Launches Android Wallet Integration SHIB’s bullish outlook could be due to BTC’s halving next month. Many analysts consider halvings bullish as they reduce the supply of an asset. BTC’s bullishness may trickle into other cryptocurrencies, such as Shiba Inu (SHIB). #SHIB #WIF #sui

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Shiba Inu (SHIB) Price Prediction: April 2024

Shiba Inu (SHIB) seems to be turning the tide following the market-wide rally. The popular dog-themed cryptocurrency is up 6.6% in the last 24 hours, 19.3% in the weekly charts, and nearly 208% over the previous month. Moreover, SHIB’s price has risen almost 180% since late March 2023. However, SHIB is still down by 9.6% in the 14-day charts.

Also Read: If You Put $1000 In Shiba Inu on Jan. 1, 2024, How Much Could You Make?

SHIB’s latest rally could be due to Bitcoin (BTC) reclaiming the $71k level and inching closer to its all-time high. Moreover, BTC’s halving is just around the corner, which could send the original crypto to a new peak. In such a scenario, we may witness other assets hitting new highs.

According to CoinCodex, Shiba Inu (SHIB) could surge to $0.00004323 on Apr. 1, 2024. However, the platform anticipates SHIB to continue its rally throughout next month, hitting a new all-time high late in the month. According to CoinCodex, SHIB could hit $0.00009891 by Apr. 22, 2024. Reaching $0.00009891 from current levels would translate to a growth of about 234.6%.

Changelly also paints a bullish picture for SHIB. According to the platform, the popular dog-themed crypto will hit $0.00003823 on Apr. 1, 2024. Moreover, Changelly also anticipates SHIB to hit a new all-time high next month, reaching $0.00009508 on Apr. 21, 2024.

Also Read: Shiba Inu Goes Mobile: Robinhood Launches Android Wallet Integration

SHIB’s bullish outlook could be due to BTC’s halving next month. Many analysts consider halvings bullish as they reduce the supply of an asset. BTC’s bullishness may trickle into other cryptocurrencies, such as Shiba Inu (SHIB).

#SHIB #WIF #sui

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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The history of $SHIB shiba Inu (SHIB)The leading beliefs of the Shiba Inu environment are clarified in a "fiber paper" (likely a spoof the term "technical paper"), feasible at the ShibaToken.com site.In accordance with the paper, Shiba Inu was grown to answer a natural question: "What would take place if a cryptocurrency project was 100% move onward allure society?" Allure founder, Ryoshi, attributes allure inceptions to an "experiment in dispersed willing society construction." In accordance with Ryoshi, the capacity of composite decomposition can build entity more powerful than a concentrated group always commit generate.4The SHIBArmy's base of almost 500,000 Reddit appendages receives allure establishing law, that are:5The project begun from nothing, accompanying nothing, in the essence of founding entity at a distance nothingIt was not organized from an existent society or preassembled crewA avowed love of Shiba Inu dogs6Cause Shiba Inu is an Ethereum-located ERC-20 remembrance, it was conceived on and accommodated for one Ethereum blockchain a suggestion of correction allure own blockchain. Ryoshi states in the paper that he picked to build the Shiba Inu environment on Ethereum cause it was earlier secure and traditional, and it admitted the project to stay dispersed.7Blockchain RevisesIn January 2023, the Shiba Inu society guidance made acquainted Shibarium, a coating two blockchain planned to gossip top of Ethereum. It is presumed to decrease blockage, present staking into allure environment, lower smoke payments, and specify a foundation for distributed requests and Netting 3 growth#pizzaday #ETHETFS #BinanceLaunchpool #shiba⚡
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Half Trillion Shiba Inu (SHIB) in 24 Hours: Is Shiba Inu (SHIB) Hiding Something? Shiba Inu saw another surge of activity in the market over the last 24 hours. Various entities, including whales and exchanges, have been actively moving their SHIB holdings, pushing the number of whale-tier transactions up. Here's a breakdown of these transactions and the potential reasons behind them. Recent data highlights significant movement within the Shiba Inu ecosystem. For instance, a Robinhood hot wallet transferred 45.01 billion SHIB (valued at approximately $1.13 million) to another Robinhood wallet. Additionally, a Symbolic Capital Partners MEV Bot executed multiple transactions, each involving around 50 billion SHIB, with values ranging from $1.23 million to $1.26 million per transaction. Uniswap also saw notable volume, with transactions like 50.8 billion SHIB ($1.26 million) and 50.4 billion SHIB ($1.23 million) being recorded. This heightened activity correlates with the on-chain data, revealing that in the last 24 hours, there were 86 large transactions, totaling approximately 1.14 trillion SHIB. This surge marks a significant increase from the seven-day low of 14 transactions and the seven-day high of 378 transactions. Similarly, the volume of these large transactions reached 1.14 trillion SHIB in the past 24 hours, compared to the seven-day high of 9.6 trillion SHIB and the seven-day low of 415.2 billion SHIB. SHIB has been trading within a symmetrical triangle pattern, suggesting indecision in the market. The recent uptick in whale transactions and large transfer volumes may indicate an impending breakout or a significant price movement. However, SHIB's price has been relatively stable, fluctuating around the $0.00002450 mark, with resistance at $0.000025 and support at $0.00002234. Considering the lack of volatility on the Shiba Inu market, the most likely reason behind those transfers is whales and institutional investors repositioning their portfolios, or exchanges might be preparing for upcoming market events. #CMEBitcoinSpotTrading #notcoin #MemeWatch2024
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