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Shiba Inu face downward press
Shiba Inu (SHIB) is facing downward challenges – Is there hope for the future of the Memecoin?Shiba Inu (SHIB) has also recently experienced some downward pressure, despite factors such as incentives for SHIB burning statistics and ongoing network improvements. There is clearly notable reluctance among large investors, or whales, to accumulate more memecoins. However, a hurdle presents itself in the form of a massive concentration of 47 trillion Shiba Inu cryptocurrencies, which is located at a slightly higher price of $0.00001 per SHIB.This could result in a loss for 100,000 holders, assuming bulls do not regain control of the Shiba Inu price. Although SHIB has remained below the 20-day EMA, bears have not reduced the price due to increased buying pressure near the dip. According to Shiba Inu's price forecast, it could end 2024 valued at $0.000015.#SHIB. #shibarium
$SHIB Update
The retest was successful! Slowly but surely, history is beginning to repeat itself for #SHIB. Stay tuned as we witness another potential milestone in its journey.
Keep hodling and stay vigilant; the SHIB army marches on!
#bitcoin #BTC #Web3 #first1Bitcoin
The retest was successful! Slowly but surely, history is beginning to repeat itself for #SHIB. Stay tuned as we witness another potential milestone in its journey.
Keep hodling and stay vigilant; the SHIB army marches on!
#bitcoin #BTC #Web3 #first1Bitcoin
What Happened: As a result of well-known financial companies like BlackRock, WisdomTree, and Fidelity filing for spot #Bitcoin ETFs, the market for cryptocurrencies as a whole has seen a substantial shift, which is why #PEPE's rising velocity is congruent with it.
The larger #cryptocurrency market has benefited from this development, which has sparked investor interest and caused price surges of 1% and 0.73%, respectively, in the last day for popular meme coins like $DOGE and #SHIB.
From a total of $3.03 million in liquidations, there have been considerable #liquidations of PEPE short positions in the last 24 hours, totaling $2.02 million.
The larger #cryptocurrency market has benefited from this development, which has sparked investor interest and caused price surges of 1% and 0.73%, respectively, in the last day for popular meme coins like $DOGE and #SHIB.
From a total of $3.03 million in liquidations, there have been considerable #liquidations of PEPE short positions in the last 24 hours, totaling $2.02 million.
Shiba Inu $SHIB
Shiba Inu ( $SHIB ) is trading at $0.00000684 today, with a 24-hour trading volume of $88,178,741.80. This indicates a -1.88% drop in the last 24 hours and a -0.03% drop in the previous 7 days. #Shiba Inu has a market valuation of $4,044,179,432 with a circulation supply of 590 Trillion #SHIB. #moon #BTC $BTC $SHIB
💰 After 3.5 years of holding, a whale sold $SHIB for a massive profit.
On February 1, 2021,
he spent 2 $ETH ($2,625) to buy 48.09B #SHIB. Recently, he sold it for 278.7 $ETH ($1.1M), netting a 419x return!
#MemeWatch2024
On February 1, 2021,
he spent 2 $ETH ($2,625) to buy 48.09B #SHIB. Recently, he sold it for 278.7 $ETH ($1.1M), netting a 419x return!
#MemeWatch2024
