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There was a great deal of activity last week, with over 4 trillion Shiba Inu (SHIB) tokens worth approximately $103 million transferred to various cryptocurrency exchanges. This was due to investors wanting to take profits following the price rise and increased the selling pressure on SHIB. According to Ali Martinez, these tokens have been sent to exchanges in the last two weeks and it is anticipated that they will be sold soon.
Shiba Inu Reviews
Santiment data is an important source to understand the sales pressure on Shiba Inu. Last week, SHIB's movement towards the exchanges increased significantly and was followed by a decrease in the supply on the exchanges. Market data shows that investors are actively selling SHIB and even whales are joining the trend. A slight decrease in SHIB supply held by top addresses has been observed over the last seven days.
The NVT (Network Value to Transactions) ratio chart provided by Santiment indicates that SHIB may be overvalued and indicates a potential price decline. This chart reveals that further analysis is needed to evaluate SHIB's future price trajectory.
How Many Dollars Is Shiba Inu Coin?
SHIB's RSI value rose to 71 after the rise, but then fell and is just above 40 at the time of writing. The price of SHIB decreased by 0.39% in the last 24 hours to 0.00002518. SHIB futures open interest has also increased significantly, according to Coinglass data, indicating increased investor interest in the asset.
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My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
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Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
