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Shiba Inu (SHIB): Token Burn and Liquid Staking Fuel Growth
Shiba Inu (SHIB), a prominent meme-based cryptocurrency, has been making headlines with several notable developments. As of January 17, 2025, SHIB is trading at approximately $0.00002437, reflecting a slight increase of 0.08% from the previous close.
In December 2024, the Shiba Inu community initiated a significant token burn, removing 250 million SHIB tokens from circulation. This move aimed to reduce supply and potentially enhance the token's value.
Additionally, the introduction of liquid staking on Shibarium has provided SHIB holders with new opportunities to earn rewards, further strengthening the ecosystem.
Moreover, Shiba Inu's partnership with Mass Finance, an AI-driven platform, is set to simplify its financial infrastructure, potentially attracting a broader user base.
These strategic initiatives reflect Shiba Inu's commitment to evolving beyond its meme coin origins, aiming to offer tangible value and utility to its community.
$SHIB
#Shibalnu #shib
In December 2024, the Shiba Inu community initiated a significant token burn, removing 250 million SHIB tokens from circulation. This move aimed to reduce supply and potentially enhance the token's value.
Additionally, the introduction of liquid staking on Shibarium has provided SHIB holders with new opportunities to earn rewards, further strengthening the ecosystem.
Moreover, Shiba Inu's partnership with Mass Finance, an AI-driven platform, is set to simplify its financial infrastructure, potentially attracting a broader user base.
These strategic initiatives reflect Shiba Inu's commitment to evolving beyond its meme coin origins, aiming to offer tangible value and utility to its community.
$SHIB
#Shibalnu #shib
$SHIB rejected from this trend line📊
If shib closes 1D candle above this trend line, then there is a high chance that the shib will hit the price of 0.000027 soon.
#Shibalnu #memecoin🚀🚀🚀
If shib closes 1D candle above this trend line, then there is a high chance that the shib will hit the price of 0.000027 soon.
#Shibalnu #memecoin🚀🚀🚀
Shiba Inu Price Update – 16-01-2025 🚨
Shiba Inu (SHIBUSDT) is facing pressure below the 50-day moving average but showing signs of a possible rise.
Key Levels:
🔸Support: $0.00002017
🔸Resistance: $0.00002493
If the price holds above support at $0.00002017, we expect a move towards resistance at $0.00002493.
📈 Trend for today: Bullish if support holds!
$SHIB
#Shibalnu
Shiba Inu (SHIBUSDT) is facing pressure below the 50-day moving average but showing signs of a possible rise.
Key Levels:
🔸Support: $0.00002017
🔸Resistance: $0.00002493
If the price holds above support at $0.00002017, we expect a move towards resistance at $0.00002493.
📈 Trend for today: Bullish if support holds!
$SHIB
#Shibalnu
Shiba Inu ($SHIB ) is showing strong bullish momentum with consistent higher highs and higher lows, signaling a clear uptrend.
🌟🌟🌟With market sentiment favoring altcoins and Bitcoin reaching new highs, SHIB is poised for significant growth, potentially nearing its strongest rally in years.
🚨Traders are advised to adopt a buy-and-hold strategy, focusing on long-term gains without the risks of leverage.
🚀🚀🚀Timing a breakout is uncertain, but the potential for a substantial price surge in the coming weeks is high.
⭐⭐⭐This presents an excellent opportunity for patient investors to position themselves for maximum profitability.
#ReboundOutlook #XRPHits3 #BinanceAlphaAlert #BTCBackto100K #Shibalnu $SHIB
🌟🌟🌟With market sentiment favoring altcoins and Bitcoin reaching new highs, SHIB is poised for significant growth, potentially nearing its strongest rally in years.
🚨Traders are advised to adopt a buy-and-hold strategy, focusing on long-term gains without the risks of leverage.
🚀🚀🚀Timing a breakout is uncertain, but the potential for a substantial price surge in the coming weeks is high.
⭐⭐⭐This presents an excellent opportunity for patient investors to position themselves for maximum profitability.
#ReboundOutlook #XRPHits3 #BinanceAlphaAlert #BTCBackto100K #Shibalnu $SHIB
tony Tan:
It’s around the corner ladies and gentlemen
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Shiba Inu's Rise in Recent Days
Why is Shiba Inu trending these days?
It is difficult to pinpoint a single reason for Shiba Inu’s rise, as the cryptocurrency market is influenced by a number of complex and interconnected factors.
A general sense of optimism in the cryptocurrency market could boost the price of several coins, including Shiba Inu. Positive news about the sector, such as the adoption of cryptocurrencies by large companies or governments, could contribute to this optimism.
Any news or developments related to Shiba Inu, such as partnerships, new product launches, or network upgrades, can generate excitement among investors and drive the price.
It is difficult to pinpoint a single reason for Shiba Inu’s rise, as the cryptocurrency market is influenced by a number of complex and interconnected factors.
A general sense of optimism in the cryptocurrency market could boost the price of several coins, including Shiba Inu. Positive news about the sector, such as the adoption of cryptocurrencies by large companies or governments, could contribute to this optimism.
Any news or developments related to Shiba Inu, such as partnerships, new product launches, or network upgrades, can generate excitement among investors and drive the price.
Agatha Golly mQ9A:
shiba is just returning to its normal value
🚀 Shytoshi Kusama’s🚀 Shiba Inu to Hit a $1 Trillion Market Cap? Here's Why It's Not Just a Dream🌌
Let’s talk about the mind-blowing potential of $SHIB 🐕🔥. Recently, Shiba Inu’s enigmatic leader, Shytoshi Kusama, dropped a bombshell that has the crypto world buzzing!
The $1T Vision 💸
👉 A SHIB enthusiast, Shib Research, boldly predicted that Shiba Inu could someday achieve a trillion-dollar market cap. Yes, you read that right—1 TRILLION! And guess what? Shytoshi Kusama himself AGREED, saying:
"They’ll be surprised. But those paying attention to the progress won’t be at all… even they’ll be surprised!"
If this happens, SHIB could wipe out two zeros and trade at $0.001696. Mind blown yet? 🤯
---
Why Is This Possible? 🌉
1️⃣ Shibarium Power: The blockchain solution is expected to revolutionize transactions, DeFi, and NFTs within the SHIB ecosystem. 🌐
2️⃣ Massive Adoption: SHIB isn’t just a meme anymore. It’s building an entire financial ecosystem! 🏦
3️⃣ Community Strength: The SHIB Army is one of the most active and passionate communities in crypto! 💪
---
The 1-Cent Dream 💎
Here’s where it gets even crazier. SHIB marketer Lucie believes SHIB could one day hit $0.01, achieving a $5.9 trillion market cap. While skeptics may laugh, SHIB believers see it as a matter of WHEN, not IF.
---
What’s Next for SHIB? 🧐
🔮 With the Shibarium rollout and ongoing developments, all eyes are on SHIB. The ecosystem is rapidly evolving, and this trillion-dollar dream may not be as far-fetched as it seems.
$SHIB
#Shibalnu
---
💭 Final Thoughts:
Are these predictions overly optimistic? Maybe. But if there’s one thing we’ve learned in crypto, it’s to never underestimate community-driven projects like SHIB. Who knows? In a few years, doubters may be left speechless. 😏
$SHIB
---
⚠️ Disclaimer: Not financial advice! Always DYOR before making investments.
#SHIB #TrumpCountDown #LTCETF #CryptoNews
The $1T Vision 💸
👉 A SHIB enthusiast, Shib Research, boldly predicted that Shiba Inu could someday achieve a trillion-dollar market cap. Yes, you read that right—1 TRILLION! And guess what? Shytoshi Kusama himself AGREED, saying:
"They’ll be surprised. But those paying attention to the progress won’t be at all… even they’ll be surprised!"
If this happens, SHIB could wipe out two zeros and trade at $0.001696. Mind blown yet? 🤯
---
Why Is This Possible? 🌉
1️⃣ Shibarium Power: The blockchain solution is expected to revolutionize transactions, DeFi, and NFTs within the SHIB ecosystem. 🌐
2️⃣ Massive Adoption: SHIB isn’t just a meme anymore. It’s building an entire financial ecosystem! 🏦
3️⃣ Community Strength: The SHIB Army is one of the most active and passionate communities in crypto! 💪
---
The 1-Cent Dream 💎
Here’s where it gets even crazier. SHIB marketer Lucie believes SHIB could one day hit $0.01, achieving a $5.9 trillion market cap. While skeptics may laugh, SHIB believers see it as a matter of WHEN, not IF.
---
What’s Next for SHIB? 🧐
🔮 With the Shibarium rollout and ongoing developments, all eyes are on SHIB. The ecosystem is rapidly evolving, and this trillion-dollar dream may not be as far-fetched as it seems.
$SHIB
#Shibalnu
---
💭 Final Thoughts:
Are these predictions overly optimistic? Maybe. But if there’s one thing we’ve learned in crypto, it’s to never underestimate community-driven projects like SHIB. Who knows? In a few years, doubters may be left speechless. 😏
$SHIB
---
⚠️ Disclaimer: Not financial advice! Always DYOR before making investments.
#SHIB #TrumpCountDown #LTCETF #CryptoNews
aysha waseem:
ok
See original
🚨🚀Shiba Inu's Rise in Recent Days🚨
Why is Shiba Inu trending these days?
It is difficult to pinpoint a single reason for Shiba Inu’s rise, as the cryptocurrency market is influenced by a number of complex and interconnected factors.
A general sense of optimism in the cryptocurrency market could boost the price of several coins, including Shiba Inu. Positive news about the sector, such as the adoption of cryptocurrencies by large companies or governments, could contribute to this optimism.
Any news or developments related to Shiba Inu, such as partnerships, new product launches, or network upgrades, can generate excitement among investors and drive the price.
It is difficult to pinpoint a single reason for Shiba Inu’s rise, as the cryptocurrency market is influenced by a number of complex and interconnected factors.
A general sense of optimism in the cryptocurrency market could boost the price of several coins, including Shiba Inu. Positive news about the sector, such as the adoption of cryptocurrencies by large companies or governments, could contribute to this optimism.
Any news or developments related to Shiba Inu, such as partnerships, new product launches, or network upgrades, can generate excitement among investors and drive the price.
$SHIB /USDT can make you rich by 2025
Shib can possibly cut out 3 zeroes by the end of January and a $1 investment can make you rich within this year
As of January 17, 2025, Shiba Inu (SHIB) is trading at approximately $0.00002413, reflecting a slight increase of 0.10% from the previous close.
Over the past week,$SHIB has experienced a 10.96% increase, aligning with the broader cryptocurrency market trends.
However, recent analyses suggest potential resistance ahead. On-chain data indicates increased selling pressure, with a decrease in the average holding time of SHIB tokens. Technical indicators, such as the Moving Average Convergence Divergence (MACD), have turned negative, signaling possible bearish momentum. If SHIB fails to maintain its current support level, it could retrace to $0.000022 or lower.
Looking ahead, forecasts vary. Changelly projects SHIB's value to rise by 67.04%, reaching $0.0000374 by January 18, 2025. Forbes anticipates SHIB's price to stabilize at around $0.00003375 by 2026, potentially increasing to $0.00004870 by 2028. However, these predictions are speculative and depend on various market factors.
In summary, while SHIB has shown recent gains, caution is advised due to potential resistance and market volatility.
#SHIB #Shibalnu
Shib can possibly cut out 3 zeroes by the end of January and a $1 investment can make you rich within this year
As of January 17, 2025, Shiba Inu (SHIB) is trading at approximately $0.00002413, reflecting a slight increase of 0.10% from the previous close.
Over the past week,$SHIB has experienced a 10.96% increase, aligning with the broader cryptocurrency market trends.
However, recent analyses suggest potential resistance ahead. On-chain data indicates increased selling pressure, with a decrease in the average holding time of SHIB tokens. Technical indicators, such as the Moving Average Convergence Divergence (MACD), have turned negative, signaling possible bearish momentum. If SHIB fails to maintain its current support level, it could retrace to $0.000022 or lower.
Looking ahead, forecasts vary. Changelly projects SHIB's value to rise by 67.04%, reaching $0.0000374 by January 18, 2025. Forbes anticipates SHIB's price to stabilize at around $0.00003375 by 2026, potentially increasing to $0.00004870 by 2028. However, these predictions are speculative and depend on various market factors.
In summary, while SHIB has shown recent gains, caution is advised due to potential resistance and market volatility.
#SHIB #Shibalnu
Amillionaire:
Друже вже 2025
SHIB to the MOON? 🚀
$SHIB is trading at $0.00002291 and there's been a significant uptick in SHIB's burn rate, spiking over 28,000%. This massive reduction in circulating supply often hints at a bullish trend, as fewer tokens can lead to increased demand.
Moreover, SHIB has seen substantial token outflows from exchanges, with about 653 billion tokens withdrawn on August 1st. Such movements suggest that holders are opting to store their tokens off-exchange, indicating confidence in SHIB's long-term potential.
On the technical side, SHIB has formed a bullish pennant pattern, a classic indicator of potential upward movement. Analysts are eyeing targets like $0.000037 and even $0.000081, which would be significant gains from current levels.
Additionally, the broader crypto market sentiment has improved, influenced by recent events like political shifts in the US. This positive atmosphere has contributed to rallies in various digital assets, including SHIB.
With the combination of increased token burns, significant outflows from exchanges, bullish technical patterns, and an optimistic market environment, SHIB seems poised for potential growth.
As always, keep an eye on market trends and trade wisely! 🚀
#SHIB #Shibalnu #Write2Earn #BTC #xrp $SHIB
$SHIB is trading at $0.00002291 and there's been a significant uptick in SHIB's burn rate, spiking over 28,000%. This massive reduction in circulating supply often hints at a bullish trend, as fewer tokens can lead to increased demand.
Moreover, SHIB has seen substantial token outflows from exchanges, with about 653 billion tokens withdrawn on August 1st. Such movements suggest that holders are opting to store their tokens off-exchange, indicating confidence in SHIB's long-term potential.
On the technical side, SHIB has formed a bullish pennant pattern, a classic indicator of potential upward movement. Analysts are eyeing targets like $0.000037 and even $0.000081, which would be significant gains from current levels.
Additionally, the broader crypto market sentiment has improved, influenced by recent events like political shifts in the US. This positive atmosphere has contributed to rallies in various digital assets, including SHIB.
With the combination of increased token burns, significant outflows from exchanges, bullish technical patterns, and an optimistic market environment, SHIB seems poised for potential growth.
As always, keep an eye on market trends and trade wisely! 🚀
#SHIB #Shibalnu #Write2Earn #BTC #xrp $SHIB
Alexander Bennett:
Top 14 down to 17 in 1 month :))
Shiba Inu Price Forecast: SHIB Shows Potential for Recovery at Key Support Levels
Current Price and Key Support Range
Shiba Inu's (SHIB) Price: Currently trading around $0.000021 after rebounding from a critical support level.Accumulation Zone: Investors can consider accumulating SHIB within the $0.000019 to $0.000021 range.Risk Factor: A daily candlestick close below $0.000019 would invalidate the bullish outlook.
Technical Analysis: Signs of a Recovery Rally
Retesting Support and Fibonacci Levels
On Monday, SHIB's price declined to retest the daily support at $0.000019, a level aligning with the 61.8% Fibonacci retracement. This retracement is drawn from the August 5 low of $0.000010 to the December 8 high of $0.000033, marking it as a key reversal zone.
Current Position: SHIB is trading slightly above the 200-day Exponential Moving Average (EMA) at $0.000021.Potential Upside: If support at $0.000019 holds and SHIB breaks above the $0.000022 weekly resistance, the price could climb to retest the next resistance at $0.000028.
Market Indicators
Relative Strength Index (RSI):Current reading: 44, below the neutral level of 50, indicating mild bearish momentum.Moving Average Convergence Divergence (MACD):MACD is flat around its neutral level, signaling indecisiveness among traders.
On-Chain Metrics Support a Bullish Outlook
In/Out of the Money Analysis
Data from IntoTheBlock reveals approximately 17,160 addresses purchased 3.22 trillion SHIB tokens at an average price of $0.000021. This level serves as a significant reversal point, as investors may add to their positions if the price tests this range.
Open Interest and Funding Rates
Funding Rate: Coinglass data indicates a positive OI-weighted funding rate of 0.0103%, suggesting bullish sentiment in the market.Implication: A positive funding rate often points to upward price pressure, increasing the likelihood of a rally.
Risks to the Bullish Thesis
Key Support Breakdown: A daily close below $0.000019 would invalidate the bullish setup and signal a lower low.Potential Decline: If the bullish scenario fails, SHIB’s price could drop by an additional 15%, retesting the November 3 low of $0.000016.
Conclusion
While Shiba Inu shows promise for a recovery rally supported by technical and on-chain data, caution is warranted. Traders should monitor the $0.000019 to $0.000021 support range and watch for a close above $0.000022 to confirm upward momentum.
#Shibalnu #shiba⚡ #altcoins #BinanceAlphaAlert #coinglass
$SHIB
Shiba Inu's (SHIB) Price: Currently trading around $0.000021 after rebounding from a critical support level.Accumulation Zone: Investors can consider accumulating SHIB within the $0.000019 to $0.000021 range.Risk Factor: A daily candlestick close below $0.000019 would invalidate the bullish outlook.
Technical Analysis: Signs of a Recovery Rally
Retesting Support and Fibonacci Levels
On Monday, SHIB's price declined to retest the daily support at $0.000019, a level aligning with the 61.8% Fibonacci retracement. This retracement is drawn from the August 5 low of $0.000010 to the December 8 high of $0.000033, marking it as a key reversal zone.
Current Position: SHIB is trading slightly above the 200-day Exponential Moving Average (EMA) at $0.000021.Potential Upside: If support at $0.000019 holds and SHIB breaks above the $0.000022 weekly resistance, the price could climb to retest the next resistance at $0.000028.
Market Indicators
Relative Strength Index (RSI):Current reading: 44, below the neutral level of 50, indicating mild bearish momentum.Moving Average Convergence Divergence (MACD):MACD is flat around its neutral level, signaling indecisiveness among traders.
On-Chain Metrics Support a Bullish Outlook
In/Out of the Money Analysis
Data from IntoTheBlock reveals approximately 17,160 addresses purchased 3.22 trillion SHIB tokens at an average price of $0.000021. This level serves as a significant reversal point, as investors may add to their positions if the price tests this range.
Open Interest and Funding Rates
Funding Rate: Coinglass data indicates a positive OI-weighted funding rate of 0.0103%, suggesting bullish sentiment in the market.Implication: A positive funding rate often points to upward price pressure, increasing the likelihood of a rally.
Risks to the Bullish Thesis
Key Support Breakdown: A daily close below $0.000019 would invalidate the bullish setup and signal a lower low.Potential Decline: If the bullish scenario fails, SHIB’s price could drop by an additional 15%, retesting the November 3 low of $0.000016.
Conclusion
While Shiba Inu shows promise for a recovery rally supported by technical and on-chain data, caution is warranted. Traders should monitor the $0.000019 to $0.000021 support range and watch for a close above $0.000022 to confirm upward momentum.
#Shibalnu #shiba⚡ #altcoins #BinanceAlphaAlert #coinglass
$SHIB
Shiba Inu Price Gearing Up To Fly After Lows, Here’s The Target
$SHIB
Recent technical analysis suggests that the Shiba Inu price may be preparing for a bullish rally, as the second-largest meme coin shows signs of a recovery from a correction phase. With key support levels established, a crypto analyst has projected a new bullish price target for Shiba Inu (SHIB).
Shiba Inu Price Targets $0.000033 And Beyond
On Tuesday, a TradingView crypto analyst, known as the ‘Real_CryptoRoy’, declared that Shiba Inu is getting ”ready to fly,” highlighting its potential for a significant price recovery to new highs. The analyst believes that Shiba Inu’s first major milestone for 2025 will be a climb above $0.000025, a critical level that would confirm its bullish position.
If this crucial price point is reclaimed, the TradingView analyst suggests it could set the stage for Shiba Inu to retest a new resistance zone at $0.000033. This critical price level is one of Shiba Inu’s recent highs, achieved during a period of explosive growth and heightened demand.
The TradingView crypto expert shared a price chart, highlighting that a break of the aforementioned resistance level, accompanied by strong trading volume, could pave the way for future gains and a larger bullish trend that could push Shiba Inu to new price highs.
#Shibalnu
While he maintains a confident stance on his bullish outlook for Shiba Inu, the analyst has also highlighted the influence of Bitcoin’s price action and dominance on Shiba Inu’s performance. For instance, if Bitcoin remains stable or bullish, it could create favorable conditions for Shiba Inu and other altcoins to rally. Conversely, if Bitcoin turns bearish, Shiba Inu could also experience price declines and volatility.
#SHIB
For mid-term investors, the current price near $0.00002 may present an opportunity to accumulate Shiba Inu at a low cost while watching its movements closely.
$SHIB
Recent technical analysis suggests that the Shiba Inu price may be preparing for a bullish rally, as the second-largest meme coin shows signs of a recovery from a correction phase. With key support levels established, a crypto analyst has projected a new bullish price target for Shiba Inu (SHIB).
Shiba Inu Price Targets $0.000033 And Beyond
On Tuesday, a TradingView crypto analyst, known as the ‘Real_CryptoRoy’, declared that Shiba Inu is getting ”ready to fly,” highlighting its potential for a significant price recovery to new highs. The analyst believes that Shiba Inu’s first major milestone for 2025 will be a climb above $0.000025, a critical level that would confirm its bullish position.
If this crucial price point is reclaimed, the TradingView analyst suggests it could set the stage for Shiba Inu to retest a new resistance zone at $0.000033. This critical price level is one of Shiba Inu’s recent highs, achieved during a period of explosive growth and heightened demand.
The TradingView crypto expert shared a price chart, highlighting that a break of the aforementioned resistance level, accompanied by strong trading volume, could pave the way for future gains and a larger bullish trend that could push Shiba Inu to new price highs.
#Shibalnu
While he maintains a confident stance on his bullish outlook for Shiba Inu, the analyst has also highlighted the influence of Bitcoin’s price action and dominance on Shiba Inu’s performance. For instance, if Bitcoin remains stable or bullish, it could create favorable conditions for Shiba Inu and other altcoins to rally. Conversely, if Bitcoin turns bearish, Shiba Inu could also experience price declines and volatility.
#SHIB
For mid-term investors, the current price near $0.00002 may present an opportunity to accumulate Shiba Inu at a low cost while watching its movements closely.
Jorge Darossi:
Go Shiba, I need to make a profit, enough of being poor lol
🔥🌟𝐒𝐡𝐢𝐛𝐚 𝐈𝐧𝐮 (𝐒𝐇𝐈𝐁) 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐒𝐮𝐫𝐠𝐞 𝐅𝐚𝐜𝐞𝐬 $𝟏.𝟓𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐒𝐞𝐥𝐥-𝐎𝐟𝐟 𝐁𝐚𝐫𝐫𝐢𝐞𝐫🚨🚨🚨
Shiba Inu ($SHIB ) is making waves in the market, climbing nearly 10% during today’s trading session and reclaiming the critical support level of $0.000024. However, its path toward the next resistance at $0.00003 is met with significant challenges. On-chain data reveals a formidable sell-wall of approximately 65.46 trillion SHIB tokens, valued at $1.58 billion, held by 203,750 wallets between $0.000024 and $0.00003.
This volume represents a critical hurdle for SHIB’s upward momentum, as many of these holders are currently sitting on unrealized losses. If the buying power of bullish traders can absorb this selling pressure, SHIB could break through the resistance, signaling a rally toward higher price levels. However, a wave of selling from holders seeking to break even might slow down this advance.
Traders should monitor the behavior of the 356,120 wallets holding a total of 65.2 trillion SHIB currently at a loss. If selling intensifies near the resistance level, it could create a liquidity crunch, but sustained buying could trigger a breakout. For those eyeing profitable trades, this scenario presents a high-stakes opportunity. Stay vigilant and capitalize on any signs of bullish strength to ride the potential rally.
#Shibalnu #shiba⚡ #JobsBoomVsFed #LTCETF EOSBreaks1$#TrumpCountDown $SHIB
Shiba Inu ($SHIB ) is making waves in the market, climbing nearly 10% during today’s trading session and reclaiming the critical support level of $0.000024. However, its path toward the next resistance at $0.00003 is met with significant challenges. On-chain data reveals a formidable sell-wall of approximately 65.46 trillion SHIB tokens, valued at $1.58 billion, held by 203,750 wallets between $0.000024 and $0.00003.
This volume represents a critical hurdle for SHIB’s upward momentum, as many of these holders are currently sitting on unrealized losses. If the buying power of bullish traders can absorb this selling pressure, SHIB could break through the resistance, signaling a rally toward higher price levels. However, a wave of selling from holders seeking to break even might slow down this advance.
Traders should monitor the behavior of the 356,120 wallets holding a total of 65.2 trillion SHIB currently at a loss. If selling intensifies near the resistance level, it could create a liquidity crunch, but sustained buying could trigger a breakout. For those eyeing profitable trades, this scenario presents a high-stakes opportunity. Stay vigilant and capitalize on any signs of bullish strength to ride the potential rally.
#Shibalnu #shiba⚡ #JobsBoomVsFed #LTCETF EOSBreaks1$#TrumpCountDown $SHIB
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Shib continues to make headlines
Recently, the Shiba Inu development team has opened early access to its highly anticipated project "SHIB: The Metaverse". This release, which faced delays from its initial date in December 2023, aims to transform the Shiba Inu ecosystem by offering immersive, community-centered experiences. The metaverse includes over 100,500 virtual land parcels, available in four different levels, with prices ranging from 0.2 to 1 ETH. Users can acquire these lands as non-fungible tokens (NFTs), allowing for customization and digital ownership within the platform.
See original
Rare Shiba Inu Price Pattern Indicates 50% Upside
#صلي_على_النبي
The second-largest meme coin, it’s trading at $0.00002215, up 12% from its low this week. It’s lagging behind other popular meme coins like Fartcoin, ai16z, and Dogwifhat.
The reason for SHIB’s poor performance is likely that the Shibarium network, a layer 2 network, is not performing well. As the number of transactions approaches 800 million, the total transaction fees continue to decline. On Tuesday, the network collected 640 BONE in fees, worth less than $300.
The second-largest meme coin, it’s trading at $0.00002215, up 12% from its low this week. It’s lagging behind other popular meme coins like Fartcoin, ai16z, and Dogwifhat.
The reason for SHIB’s poor performance is likely that the Shibarium network, a layer 2 network, is not performing well. As the number of transactions approaches 800 million, the total transaction fees continue to decline. On Tuesday, the network collected 640 BONE in fees, worth less than $300.
mansoursari:
اللهم صلي وسلم على نبينا محمد
which do you think gone bullish
$SHIB /USDT can make you rich by 2025
Shib can possibly cut out 3 zeroes by the end of January and a $1 investment can make you rich within this year
As of January 17, 2025, Shiba Inu (SHIB) is trading at approximately $0.00002413, reflecting a slight increase of 0.10% from the previous close.
Over the past week,$SHIB has experienced a 10.96% increase, aligning with the broader cryptocurrency market trends.
However, recent analyses suggest potential resistance ahead. On-chain data indicates increased selling pressure, with a decrease in the average holding time of SHIB tokens. Technical indicators, such as the Moving Average Convergence Divergence (MACD), have turned negative, signaling possible bearish momentum. If SHIB fails to maintain its current support level, it could retrace to $0.000022 or lower.
Looking ahead, forecasts vary. Changelly projects SHIB's value to rise by 67.04%, reaching $0.0000374 by January 18, 2025. Forbes anticipates SHIB's price to stabilize at around $0.00003375 by 2026, potentially increasing to $0.00004870 by 2028. However, these predictions are speculative and depend on various market factors.
In summary, while SHIB has shown recent gains, caution is advised due to potential resistance and market volatility.
#SHIB #Shibalnu
$SHIB /USDT can make you rich by 2025
Shib can possibly cut out 3 zeroes by the end of January and a $1 investment can make you rich within this year
As of January 17, 2025, Shiba Inu (SHIB) is trading at approximately $0.00002413, reflecting a slight increase of 0.10% from the previous close.
Over the past week,$SHIB has experienced a 10.96% increase, aligning with the broader cryptocurrency market trends.
However, recent analyses suggest potential resistance ahead. On-chain data indicates increased selling pressure, with a decrease in the average holding time of SHIB tokens. Technical indicators, such as the Moving Average Convergence Divergence (MACD), have turned negative, signaling possible bearish momentum. If SHIB fails to maintain its current support level, it could retrace to $0.000022 or lower.
Looking ahead, forecasts vary. Changelly projects SHIB's value to rise by 67.04%, reaching $0.0000374 by January 18, 2025. Forbes anticipates SHIB's price to stabilize at around $0.00003375 by 2026, potentially increasing to $0.00004870 by 2028. However, these predictions are speculative and depend on various market factors.
In summary, while SHIB has shown recent gains, caution is advised due to potential resistance and market volatility.
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SHIB
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