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AI Predicts SHIB Price for November 30, 2024
AI Predicts SHIB Price for November 30, 2024
Shiba Inu (SHIB) the second-largest meme coin slipped down from the coveted top ten list.
The asset managed to emerge as the tenth-largest cryptocurrency during the recent rally. But things took a different turn for SHIB as it currently stands as the 14th largest cryptocurrency with a market cap of $15.06 billion.
It is worth noting that the meme coin has continued to maintain itself over the $0.00002500 zone. Can SHIB end this bullish month on a good note?
After surging all the way to a high of $0.00003031 earlier this month, SHIB was seen taking a backseat. The meme coin recorded a setback during the weekend. At press time, Shiba Inu was trading at $0.00002557 following a 4.82% drop over the past 24 hours.
The asset’s latest drop caused slight havoc in the SHIB market. According to data from IntoTheBlock, the total percentage of holders making money at SHIB’s current price dropped to 62%. About 29% of Shiba Inu investors were currently facing a loss.
But it should be noted that SHIB managed to surge by over 50% throughout the month. As November comes to end this week, the community is hoping that SHIB will close the month on a bullish note.
Price Prediction
According to data from CoinCodex, Shiba Inu will shock the market with its price surge towards the end of this week. The firm revealed that SHIB will rise by a staggering 109% and trade at $0.00005358 on November 30.
In addition, a day before the asset is expected to be priced at $ 0.00005427. It seems like Shiba Inu’s current bearish state is rather temporary as the asset is about to experience an upward trajectory throughout the next couple of days.
#SHIB #Shibainu #MemeCoinSeason #CryptoMemes #CryptoNews
Shiba Inu (SHIB) the second-largest meme coin slipped down from the coveted top ten list.
The asset managed to emerge as the tenth-largest cryptocurrency during the recent rally. But things took a different turn for SHIB as it currently stands as the 14th largest cryptocurrency with a market cap of $15.06 billion.
It is worth noting that the meme coin has continued to maintain itself over the $0.00002500 zone. Can SHIB end this bullish month on a good note?
After surging all the way to a high of $0.00003031 earlier this month, SHIB was seen taking a backseat. The meme coin recorded a setback during the weekend. At press time, Shiba Inu was trading at $0.00002557 following a 4.82% drop over the past 24 hours.
The asset’s latest drop caused slight havoc in the SHIB market. According to data from IntoTheBlock, the total percentage of holders making money at SHIB’s current price dropped to 62%. About 29% of Shiba Inu investors were currently facing a loss.
But it should be noted that SHIB managed to surge by over 50% throughout the month. As November comes to end this week, the community is hoping that SHIB will close the month on a bullish note.
Price Prediction
According to data from CoinCodex, Shiba Inu will shock the market with its price surge towards the end of this week. The firm revealed that SHIB will rise by a staggering 109% and trade at $0.00005358 on November 30.
In addition, a day before the asset is expected to be priced at $ 0.00005427. It seems like Shiba Inu’s current bearish state is rather temporary as the asset is about to experience an upward trajectory throughout the next couple of days.
#SHIB #Shibainu #MemeCoinSeason #CryptoMemes #CryptoNews
biowolf86:
Им это не выгодно.
74 Trillion in 24 Hours Shiba Inu (SHIB) About to Get Active
74 Trillion in 24 Hours Shiba Inu (SHIB) About to Get Active
With the help of profitability metrics and on-chain data, Shiba Inu is getting ready for a possible market shift. As key addresses move into profitable zones, 74 trillion SHIB is expected to become active potentially leading to a significant directional shift in the tokens price dynamics.
Let’s examine the data and its implications for the future of SHIB. Active addresses and profitability metrics. Sixty-two percent of SHIB holders are in the money according to recent data, which indicates a high degree of investor profitability.
This translates into increased market confidence, particularly as price levels rise and active addresses become more involved.
Frequently serving as a support mechanism, a high profitability ratio lowers selling pressure and stabilizes the price. In the event that SHIB maintains its upward trajectory, it also increases the probability of profit-taking.
The SHIB price chart shows that a bullish triangle has formed, and it recently broke above the $0.000026 barrier.
A strong bullish signal from this breakout indicates that SHIB may be aiming for the next resistance level, which is close to $0.000030. If the asset maintains its momentum, more ambitious goals might be attainable.
Nonetheless, at $0.000022, the 200-day moving average continues to be a crucial support level. SHIB could return to a consolidation phase if it is unable to maintain above this level, reversing the current bullish narrative.
The market’s perception of SHIB is still mostly bullish, bolstered by significant transactions coming in at over $1.03 billion over the past week.
#SHIB #Shibainu #MemecoinSeason2024 #ALTSEASON #CryptoNews
With the help of profitability metrics and on-chain data, Shiba Inu is getting ready for a possible market shift. As key addresses move into profitable zones, 74 trillion SHIB is expected to become active potentially leading to a significant directional shift in the tokens price dynamics.
Let’s examine the data and its implications for the future of SHIB. Active addresses and profitability metrics. Sixty-two percent of SHIB holders are in the money according to recent data, which indicates a high degree of investor profitability.
This translates into increased market confidence, particularly as price levels rise and active addresses become more involved.
Frequently serving as a support mechanism, a high profitability ratio lowers selling pressure and stabilizes the price. In the event that SHIB maintains its upward trajectory, it also increases the probability of profit-taking.
The SHIB price chart shows that a bullish triangle has formed, and it recently broke above the $0.000026 barrier.
A strong bullish signal from this breakout indicates that SHIB may be aiming for the next resistance level, which is close to $0.000030. If the asset maintains its momentum, more ambitious goals might be attainable.
Nonetheless, at $0.000022, the 200-day moving average continues to be a crucial support level. SHIB could return to a consolidation phase if it is unable to maintain above this level, reversing the current bullish narrative.
The market’s perception of SHIB is still mostly bullish, bolstered by significant transactions coming in at over $1.03 billion over the past week.
#SHIB #Shibainu #MemecoinSeason2024 #ALTSEASON #CryptoNews
Barbra Schmaltz wQUO:
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AI Predicts SHIB Price for November 30, 2024
Shiba Inu (SHIB) the second-largest meme coin slipped down from the coveted top ten list.
The asset managed to emerge as the tenth-largest cryptocurrency during the recent rally. But things took a different turn for SHIB as it currently stands as the 14th largest cryptocurrency with a market cap of $15.06 billion.
It is worth noting that the meme coin has continued to maintain itself over the $0.00002500 zone. Can SHIB end this bullish month on a good note?
After surging all the way to a high of $0.00003031 earlier this month, SHIB was seen taking a backseat. The meme coin recorded a setback during the weekend. At press time, Shiba Inu was trading at $0.00002557 following a 4.82% drop over the past 24 hours.
The asset’s latest drop caused slight havoc in the SHIB market. According to data from IntoTheBlock, the total percentage of holders making money at SHIB’s current price dropped to 62%. About 29% of Shiba Inu investors were currently facing a loss.
But it should be noted that SHIB managed to surge by over 50% throughout the month. As November comes to end this week, the community is hoping that SHIB will close the month on a bullish note.
Price Prediction
According to data from CoinCodex, Shiba Inu will shock the market with its price surge towards the end of this week. The firm revealed that SHIB will rise by a staggering 109% and trade at $0.00005358 on November 30.
In addition, a day before the asset is expected to be priced at $ 0.00005427. It seems like Shiba Inu’s current bearish state is rather temporary as the asset is about to experience an upward trajectory throughout the next couple of days.
#SHIB #Shibainu #MemeCoinSeason #CryptoMemes #CryptoNews
Shiba Inu (SHIB) the second-largest meme coin slipped down from the coveted top ten list.
The asset managed to emerge as the tenth-largest cryptocurrency during the recent rally. But things took a different turn for SHIB as it currently stands as the 14th largest cryptocurrency with a market cap of $15.06 billion.
It is worth noting that the meme coin has continued to maintain itself over the $0.00002500 zone. Can SHIB end this bullish month on a good note?
After surging all the way to a high of $0.00003031 earlier this month, SHIB was seen taking a backseat. The meme coin recorded a setback during the weekend. At press time, Shiba Inu was trading at $0.00002557 following a 4.82% drop over the past 24 hours.
The asset’s latest drop caused slight havoc in the SHIB market. According to data from IntoTheBlock, the total percentage of holders making money at SHIB’s current price dropped to 62%. About 29% of Shiba Inu investors were currently facing a loss.
But it should be noted that SHIB managed to surge by over 50% throughout the month. As November comes to end this week, the community is hoping that SHIB will close the month on a bullish note.
Price Prediction
According to data from CoinCodex, Shiba Inu will shock the market with its price surge towards the end of this week. The firm revealed that SHIB will rise by a staggering 109% and trade at $0.00005358 on November 30.
In addition, a day before the asset is expected to be priced at $ 0.00005427. It seems like Shiba Inu’s current bearish state is rather temporary as the asset is about to experience an upward trajectory throughout the next couple of days.
#SHIB #Shibainu #MemeCoinSeason #CryptoMemes #CryptoNews
🚀 Shiba Inu Price Eyes 76% Rally As 6.8m SHIB Tokens Burned
Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.
🔸 Shiba Inu Price Likely to Rally 76% As 6.8m SHIB Burnt
One potential catalyst for the SHIB price is that the number of coins in circulation continues to drop, helped by the robust token burn. Data by Shiburn shows that the amount of these burns rose by 40% in the past 24 hours to 4.85 million.
Therefore, the number of Shiba Inu tokens has continued to drop from the original 999 trillion to 410 trillion, a figure that will continue falling in the future. The token burn is when SHIB coins are moved to an inaccessible wallet either voluntarily or from ecosystem fees to be removed from the circulating supply forever.
These token burns help to create value for existing tokens by reducing the number of coins in circulation. It is often compared to when a company executes a share buyback, which in turn increases the earnings per share.
Some of the top players in this ecosystem are ShibaSwap and Shibarium. ShibaSwap is a decentralized DEX network where people swap tokens, while Shibarium is a layer-2 network that has completed over 500 million transactions. Data on its website shows that ShibaSwap’s volume has jumped to $75 million this month, the highest level since March.
Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.
🔸 Shiba Inu Price Likely to Rally 76% As 6.8m SHIB Burnt
One potential catalyst for the SHIB price is that the number of coins in circulation continues to drop, helped by the robust token burn. Data by Shiburn shows that the amount of these burns rose by 40% in the past 24 hours to 4.85 million.
#Shiba #Shibainu
Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.
🔸 Shiba Inu Price Likely to Rally 76% As 6.8m SHIB Burnt
One potential catalyst for the SHIB price is that the number of coins in circulation continues to drop, helped by the robust token burn. Data by Shiburn shows that the amount of these burns rose by 40% in the past 24 hours to 4.85 million.
Therefore, the number of Shiba Inu tokens has continued to drop from the original 999 trillion to 410 trillion, a figure that will continue falling in the future. The token burn is when SHIB coins are moved to an inaccessible wallet either voluntarily or from ecosystem fees to be removed from the circulating supply forever.
These token burns help to create value for existing tokens by reducing the number of coins in circulation. It is often compared to when a company executes a share buyback, which in turn increases the earnings per share.
Some of the top players in this ecosystem are ShibaSwap and Shibarium. ShibaSwap is a decentralized DEX network where people swap tokens, while Shibarium is a layer-2 network that has completed over 500 million transactions. Data on its website shows that ShibaSwap’s volume has jumped to $75 million this month, the highest level since March.
Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.
🔸 Shiba Inu Price Likely to Rally 76% As 6.8m SHIB Burnt
One potential catalyst for the SHIB price is that the number of coins in circulation continues to drop, helped by the robust token burn. Data by Shiburn shows that the amount of these burns rose by 40% in the past 24 hours to 4.85 million.
#Shiba #Shibainu
74 Trillion in 24 Hours Shiba Inu (SHIB) About to Get Active
With the help of profitability metrics and on-chain data, Shiba Inu is getting ready for a possible market shift. As key addresses move into profitable zones, 74 trillion SHIB is expected to become active potentially leading to a significant directional shift in the tokens price dynamics.
Let’s examine the data and its implications for the future of SHIB. Active addresses and profitability metrics. Sixty-two percent of SHIB holders are in the money according to recent data, which indicates a high degree of investor profitability.
This translates into increased market confidence, particularly as price levels rise and active addresses become more involved.
Frequently serving as a support mechanism, a high profitability ratio lowers selling pressure and stabilizes the price. In the event that SHIB maintains its upward trajectory, it also increases the probability of profit-taking.
The SHIB price chart shows that a bullish triangle has formed, and it recently broke above the $0.000026 barrier.
A strong bullish signal from this breakout indicates that SHIB may be aiming for the next resistance level, which is close to $0.000030. If the asset maintains its momentum, more ambitious goals might be attainable.
Nonetheless, at $0.000022, the 200-day moving average continues to be a crucial support level. SHIB could return to a consolidation phase if it is unable to maintain above this level, reversing the current bullish narrative.
The market’s perception of SHIB is still mostly bullish, bolstered by significant transactions coming in at over $1.03 billion over the past week.
#SHIB #Shibainu #MemecoinSeason2024 #ALTSEASON #CryptoNews
With the help of profitability metrics and on-chain data, Shiba Inu is getting ready for a possible market shift. As key addresses move into profitable zones, 74 trillion SHIB is expected to become active potentially leading to a significant directional shift in the tokens price dynamics.
Let’s examine the data and its implications for the future of SHIB. Active addresses and profitability metrics. Sixty-two percent of SHIB holders are in the money according to recent data, which indicates a high degree of investor profitability.
This translates into increased market confidence, particularly as price levels rise and active addresses become more involved.
Frequently serving as a support mechanism, a high profitability ratio lowers selling pressure and stabilizes the price. In the event that SHIB maintains its upward trajectory, it also increases the probability of profit-taking.
The SHIB price chart shows that a bullish triangle has formed, and it recently broke above the $0.000026 barrier.
A strong bullish signal from this breakout indicates that SHIB may be aiming for the next resistance level, which is close to $0.000030. If the asset maintains its momentum, more ambitious goals might be attainable.
Nonetheless, at $0.000022, the 200-day moving average continues to be a crucial support level. SHIB could return to a consolidation phase if it is unable to maintain above this level, reversing the current bullish narrative.
The market’s perception of SHIB is still mostly bullish, bolstered by significant transactions coming in at over $1.03 billion over the past week.
#SHIB #Shibainu #MemecoinSeason2024 #ALTSEASON #CryptoNews
⚡️ SHIB’s Large Transactions Surge by 98%, Buy Sign or What?
Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. SHIB’s large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions.
🔸 Whales Activity: Large Transaction Volume Jumps by 98%
This significant increase is a bullish sign for the asset and could support an upcoming rally as it has the potential to attract retail investors and traders. Additionally, the exchange reserves for SHIB have dropped significantly over the past 24 hours, further reinforcing SHIB’s bullish outlook.
🔸 Whales Withdraw 1.67 Trillion Token
According to the on-chain analytics firm Santiment, over 1.67 trillion SHIB worth nearly $41 million has been withdrawn from exchanges in the past 24 hours. Historically, the last time when SHIB experienced a similar spike in exchange outflow, the meme coin registered a price gain of nearly 62%.
1.67 trillion $SHIB have been withdrawn from exchanges in the past 24 hours. The last time we saw a similar spike, #ShibaInu surged 62% in price. — Ali (@ali_charts) November 20, 2024
However, this time investors and whales have shown strong participation, as reflected in the transaction volume, potentially driven by the anticipation of an upcoming rally in SHIB, resulting in the withdrawal of trillions of tokens.
🔸 Current Price Momentum
Although on-chain metrics point to bullish momentum, SHIB is currently struggling to gain traction. At press time, the meme coin is trading near $0.000024 and has registered a price decline of 3.25% in the past 24 hours.
During the same period, its trading volume dropped by 12.5% indicating lower participation from traders and investors due to FLOKI’s ongoing price consolidation.
#SHIB #Shibainu
Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. SHIB’s large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions.
🔸 Whales Activity: Large Transaction Volume Jumps by 98%
This significant increase is a bullish sign for the asset and could support an upcoming rally as it has the potential to attract retail investors and traders. Additionally, the exchange reserves for SHIB have dropped significantly over the past 24 hours, further reinforcing SHIB’s bullish outlook.
🔸 Whales Withdraw 1.67 Trillion Token
According to the on-chain analytics firm Santiment, over 1.67 trillion SHIB worth nearly $41 million has been withdrawn from exchanges in the past 24 hours. Historically, the last time when SHIB experienced a similar spike in exchange outflow, the meme coin registered a price gain of nearly 62%.
1.67 trillion $SHIB have been withdrawn from exchanges in the past 24 hours. The last time we saw a similar spike, #ShibaInu surged 62% in price. — Ali (@ali_charts) November 20, 2024
However, this time investors and whales have shown strong participation, as reflected in the transaction volume, potentially driven by the anticipation of an upcoming rally in SHIB, resulting in the withdrawal of trillions of tokens.
🔸 Current Price Momentum
Although on-chain metrics point to bullish momentum, SHIB is currently struggling to gain traction. At press time, the meme coin is trading near $0.000024 and has registered a price decline of 3.25% in the past 24 hours.
During the same period, its trading volume dropped by 12.5% indicating lower participation from traders and investors due to FLOKI’s ongoing price consolidation.
#SHIB #Shibainu
Rashad Gurka bi7X:
dari analisis ini bisa dijadikan pijakan untuk membuat pilihan segera beli atau menunggu harga makin tinggi, sebagaimana doge.
Can Doge reach one dollar by the end of 2023 Dogecoin is currently up 1.26% and is trading at $0.06347 at the time of writing this report. Although there is a clear increasing trend. However, it is still unclear whether Doji can reach the $0.1 mark and make a 300% gain by the end of August. However, one of the defenses set by critics with respect to Dogecoin's validity on the i-term
$DOGE
#BinanceTournament
#Worldcoin
#pepe
#crypto2023
#Shibainu
$DOGE
#BinanceTournament
#Worldcoin
#pepe
#crypto2023
#Shibainu
Technical analysis of SHIB price At the time of writing this report, Shiba Inu is trading at $0.000008758 . A decrease of 10.53% in the past 24 hours. The large rise in trading volume supports the ongoing patch phase, which is also reflected in technical indicators.
The Medium Convergence Contrast Index (MACD) currently shows a bearish intersection. In the meantime, the Relative Strength Index (RSI) has dropped halfway.
If the upward trend is higher than the 200-day exponential-moving mean (EMA). The reflexive height may regain the mark of $0.000010. Chiba Ino occupies the fifteenth place in CoinMarketCap rankings. With a market capitalization of $5,151,072,084. The currency rolling supply is 589,346,914,631,298 SHIB.
#FDUSD
#BinanceTournament
#Worldcoin
#pepe
#Shibainu
$BTC $BNB $SOL
The Medium Convergence Contrast Index (MACD) currently shows a bearish intersection. In the meantime, the Relative Strength Index (RSI) has dropped halfway.
If the upward trend is higher than the 200-day exponential-moving mean (EMA). The reflexive height may regain the mark of $0.000010. Chiba Ino occupies the fifteenth place in CoinMarketCap rankings. With a market capitalization of $5,151,072,084. The currency rolling supply is 589,346,914,631,298 SHIB.
#FDUSD
#BinanceTournament
#Worldcoin
#pepe
#Shibainu
$BTC $BNB $SOL
#DOGE #Shibainu
Dogecoin (DOGE) is a novelty cryptocurrency originally launched as a “memecoin” within the cryptocurrency community. Over time, however, Dogecoin has grown into a large blockchain network and is one of the most popular altcoins available in the market.
There is also a serious basis and reason for the creation and development of Dogecoin. Co-founders, Jackson Palmer and Billy Markus, two software engineers by professional background and experience, wanted to make cryptocurrency accessible to individuals outside of Bitcoin.
It was expressed by the founders that the oversaturation and difficulty in mining Bitcoin from the time of its creation to the start of Dogecoin, made it difficult for the common person to participate in the mining process. This was because of limited resources as well as technological experience. Dogecoin was envisioned as an entry for the less experienced to become involved in the crypto industry.
The launch of Bitcoin in 2009 catalyzed the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. Dogecoin, however, offers no specific use cases — DOGE was a collaborative effort by the crypto community and is now listed on most major exchange platforms.
Dogecoin was originally based on Litecoin and was launched in 2013. Primarily designed to provide a light-hearted means of communicating the basic function of cryptocurrency to mainstream audiences, Dogecoin is based on the “Doge” Shiba Inu meme. DOGE price is updated and available in real time on Binance.
$DOGE $BNB $SOL $ETH
#BNB #BTC #DOGE
Dogecoin (DOGE) is a novelty cryptocurrency originally launched as a “memecoin” within the cryptocurrency community. Over time, however, Dogecoin has grown into a large blockchain network and is one of the most popular altcoins available in the market.
There is also a serious basis and reason for the creation and development of Dogecoin. Co-founders, Jackson Palmer and Billy Markus, two software engineers by professional background and experience, wanted to make cryptocurrency accessible to individuals outside of Bitcoin.
It was expressed by the founders that the oversaturation and difficulty in mining Bitcoin from the time of its creation to the start of Dogecoin, made it difficult for the common person to participate in the mining process. This was because of limited resources as well as technological experience. Dogecoin was envisioned as an entry for the less experienced to become involved in the crypto industry.
The launch of Bitcoin in 2009 catalyzed the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. Dogecoin, however, offers no specific use cases — DOGE was a collaborative effort by the crypto community and is now listed on most major exchange platforms.
Dogecoin was originally based on Litecoin and was launched in 2013. Primarily designed to provide a light-hearted means of communicating the basic function of cryptocurrency to mainstream audiences, Dogecoin is based on the “Doge” Shiba Inu meme. DOGE price is updated and available in real time on Binance.
$DOGE $BNB $SOL $ETH
#BNB #BTC #DOGE
Shiba Inu Poised for Rally If This Key Resistance Is Conquered
Analyst Rekt Capital identifies 0.0000332 as a critical resistance level for Shiba Inu.SHIB’s current trading sits just below the crucial resistance, at 0.0000327, signaling a potential breakout if surpassed.Breaking through the resistance and establishing it as support could lead to a significant rally of over 40% for SHIB.
Shiba Inu (SHIB) enthusiasts are eagerly eyeing a pivotal juncture as the digital asset grapples with a significant resistance level. Analysis from renowned crypto analyst Rekt Capital underscores the current state of consolidation just below a crucial barrier that must be overcome for SHIB to embark on its next upward trajectory.
At the heart of this analysis lies the 0.0000332 threshold, denoted by a distinctive blue line on the charts. This particular level has proven to be a formidable obstacle for SHIB, impeding its ascent and prompting a period of sideways movement. Presently, SHIB is teetering at 0.0000327, hovering tantalizingly close to breaching the critical resistance.
For SHIB to unleash its bullish potential, it necessitates a decisive breakthrough of the 0.0000332 barrier, transforming it into a steadfast support zone. Such a development would effectively pave the way for SHIB to set its sights on the subsequent resistance level indicated by a black line at 0.0000473.
The stakes are high, with a successful conversion of the 0.0000332 resistance potentially catalyzing a substantial price surge exceeding 40% from current trading levels. Conversely, failure to breach this barrier could spell a period of prolonged consolidation or even a retracement for SHIB.
It is essential to recognize the dynamic nature of support and resistance levels, their significance often fluctuates in response to market dynamics and investor sentiment. Nonetheless, Rekt Capital’s analysis underscores the pivotal role of the 0.0000332 level in shaping SHIB’s near-term trajectory.
$SHIB #shib #Shibainu
Shiba Inu (SHIB) enthusiasts are eagerly eyeing a pivotal juncture as the digital asset grapples with a significant resistance level. Analysis from renowned crypto analyst Rekt Capital underscores the current state of consolidation just below a crucial barrier that must be overcome for SHIB to embark on its next upward trajectory.
At the heart of this analysis lies the 0.0000332 threshold, denoted by a distinctive blue line on the charts. This particular level has proven to be a formidable obstacle for SHIB, impeding its ascent and prompting a period of sideways movement. Presently, SHIB is teetering at 0.0000327, hovering tantalizingly close to breaching the critical resistance.
For SHIB to unleash its bullish potential, it necessitates a decisive breakthrough of the 0.0000332 barrier, transforming it into a steadfast support zone. Such a development would effectively pave the way for SHIB to set its sights on the subsequent resistance level indicated by a black line at 0.0000473.
The stakes are high, with a successful conversion of the 0.0000332 resistance potentially catalyzing a substantial price surge exceeding 40% from current trading levels. Conversely, failure to breach this barrier could spell a period of prolonged consolidation or even a retracement for SHIB.
It is essential to recognize the dynamic nature of support and resistance levels, their significance often fluctuates in response to market dynamics and investor sentiment. Nonetheless, Rekt Capital’s analysis underscores the pivotal role of the 0.0000332 level in shaping SHIB’s near-term trajectory.
$SHIB #shib #Shibainu
What is the Most Successful Meme Coin?
In terms of price gains, Shiba Inu was the most successful meme coin with a 8,424,202.3% 📈 increase at its peak, compared to its starting price on August 1, 2020.
On the other hand, Dogecoin has been the most successful meme coin over the long run, as a pioneer in the category since 2013.
What is the Next Big Meme Coin To emerge very soon ? 🤔
#Shibainu #Dogescoin #flokinu
In terms of price gains, Shiba Inu was the most successful meme coin with a 8,424,202.3% 📈 increase at its peak, compared to its starting price on August 1, 2020.
On the other hand, Dogecoin has been the most successful meme coin over the long run, as a pioneer in the category since 2013.
What is the Next Big Meme Coin To emerge very soon ? 🤔
#Shibainu #Dogescoin #flokinu
Breaking News 🔥
The #Shibainu Start Burning From Next Month
#Shibainu #shiba #blockchain #Binance #cryptopattiee
The #Shibainu Start Burning From Next Month
#Shibainu #shiba #blockchain #Binance #cryptopattiee
Shiba Inu Announces Launch Of SHIB The Metaverse On Shibarium Blockchain
Shiba Inu has announced the development of its new metaverse on top of Shibarium, its highly anticipated Ethereum Layer 2 blockchain. This announcement marks a major milestone in the evolution of Shiba Inu, which has built a strong following thanks to its commitment to fully decentralized financial freedom.
The metaverse, called SHIB The Metaverse, will allow users to explore, create, trade, sell, and buy items, and live in a new world that rewards participation with various opportunities and experiences. The announcement was made by Shiba Inu’s Lead Developer, Shytoshi Kusama, who said, “Everything Shiba Inu does sets a new standard. SHIB The Metaverse will be no different.”
The preview version of SHIB The Metaverse was on full display at the SXSW event held from March 13-15, showcasing its capabilities through the WAGMI Hub, the first of 11 hubs in SHIB The Metaverse. The metaverse is focused on unifying the metaverse landscape, which is currently spread across multiple worlds that are mostly isolated from each other.
Through Shibarium, SHIB The Metaverse is designed to empower users to build digital businesses, bring in real-life businesses to the metaverse, build structures, homes, and even DeFi platforms inside. The new capabilities will also extend to gaming, with studios worldwide invited to develop in SHIB The Metaverse.
The announcement highlights the metaverse’s ability to leverage advanced cryptographic techniques, off-chain computation and storage, and other innovative solutions. This will provide a wide range of technical benefits, including increased throughput, reduced latency, lower fees, improved privacy and security, and greater flexibility and interoperability, which will help drive the next wave of blockchain and SHIB The Metaverse innovation.
Shiba Inu’s commitment to decentralization, personal financial freedom, and community has enabled it to build an ecosystem that includes digital assets, solutions, and other projects, including the ShibaSwap DEX. The Shibarium Layer 2 blockchain provides increased scalability, security, and innovation, which has enabled it to gain popularity among millions of holders worldwide.
Following recent bank failures in the United States, SHIB token bounces back with a 3% rise in value over the last day, currently priced at $0.00001137, indicating positive momentum. According to Coingecko’s data, SHIB’s market cap is approximately $6.7 billion. However, on March 10, SHIB plummeted to $0.0000097, coinciding with the crypto market’s total value dropping by $90 billion in less than 24 hours to $912 billion. The decline in value started after Silvergate Bank’s failure on March 3.
This article was republished from azcoinnews.com
#Shibainu #shibarium #shiba #shibarmy #shibmetaverse
The metaverse, called SHIB The Metaverse, will allow users to explore, create, trade, sell, and buy items, and live in a new world that rewards participation with various opportunities and experiences. The announcement was made by Shiba Inu’s Lead Developer, Shytoshi Kusama, who said, “Everything Shiba Inu does sets a new standard. SHIB The Metaverse will be no different.”
The preview version of SHIB The Metaverse was on full display at the SXSW event held from March 13-15, showcasing its capabilities through the WAGMI Hub, the first of 11 hubs in SHIB The Metaverse. The metaverse is focused on unifying the metaverse landscape, which is currently spread across multiple worlds that are mostly isolated from each other.
Through Shibarium, SHIB The Metaverse is designed to empower users to build digital businesses, bring in real-life businesses to the metaverse, build structures, homes, and even DeFi platforms inside. The new capabilities will also extend to gaming, with studios worldwide invited to develop in SHIB The Metaverse.
The announcement highlights the metaverse’s ability to leverage advanced cryptographic techniques, off-chain computation and storage, and other innovative solutions. This will provide a wide range of technical benefits, including increased throughput, reduced latency, lower fees, improved privacy and security, and greater flexibility and interoperability, which will help drive the next wave of blockchain and SHIB The Metaverse innovation.
Shiba Inu’s commitment to decentralization, personal financial freedom, and community has enabled it to build an ecosystem that includes digital assets, solutions, and other projects, including the ShibaSwap DEX. The Shibarium Layer 2 blockchain provides increased scalability, security, and innovation, which has enabled it to gain popularity among millions of holders worldwide.
Following recent bank failures in the United States, SHIB token bounces back with a 3% rise in value over the last day, currently priced at $0.00001137, indicating positive momentum. According to Coingecko’s data, SHIB’s market cap is approximately $6.7 billion. However, on March 10, SHIB plummeted to $0.0000097, coinciding with the crypto market’s total value dropping by $90 billion in less than 24 hours to $912 billion. The decline in value started after Silvergate Bank’s failure on March 3.
This article was republished from azcoinnews.com
#Shibainu #shibarium #shiba #shibarmy #shibmetaverse