#ShibaInu secures a spot among the top gainers amid an accumulation campaign that has seen shark and dolphin addresses amass 1.11 trillion #SHIB since June.

Read more on: https://thecryptobasic.com/2023/07/29/shiba-inu-now-among-top-gainers-as-addresses-amass-1-11t-shib-worth-9m/

#ShıbaINU #crypto2023 #Cryptomarket

Pepe (PEPE) initially gained attention as one of the meme coins that quickly adapted to BTC's price structure, followed by Shiba Inu (SHIB). After PEPE showed a rapid 91% increase, SHIB also started to move. Currently, SHIB has been in an upward trend since June 10th and has risen by 55.49% from its lowest point. Can SHIB's upward movements continue? What critical price levels should be monitored?

Having faced rejection at $0.00000844, SHIB is currently priced at $0.00000803. With a performance of 55.49% in just 12 days, if SHIB can hold above $0.00000844, it may target $0.00000919, $0.00001008, $0.00001074, and $0.00001166.

In the scenario where BTC undergoes a correction or SHIB experiences independent depreciation, the following levels can be monitored for buying: $0.00000774, $0.00000751, $0.00000650, and $0.00000544. If the last mentioned support level fails to hold, it could intensify SHIB's declines.

Please note that as an AI language model, I don't have real-time data and cannot provide financial advice. Cryptocurrency markets are highly volatile and can be influenced by various factors. It is important to conduct your own research, monitor market trends, and consider consulting with financial professionals before making any investment decisions.

#ShıbaINU #CryptoDeNostraDame

SHIB's burn rate has increased by 6936.88%, indicating a significant decrease in token supply. Within the last 24 hours alone, 341,504,230 SHIB tokens have been burned. Shytoshi Kusama, the lead developer of the SHIB team, shared this information through a blog post. The renowned developer also mentioned that a new project called Shibarium is currently being developed, hinting at the possibility of a few surprises in the same post.

By suggesting that one or two surprises could be unveiled before the launch of Shibarium, the famous figure has raised expectations among SHIB investors. The first paragraph of the blog post references a project called "Worldpaper." Shytoshi stated that this is a technical document that touches on different aspects of the SHIB ecosystem. The document is expected to cover tokens, products, platforms, services, and more, including SHIB, BONE, LEASH, TREAT, SHHHH-İ, and others.

Everything is Starting Anew for SHIB

Shytoshi emphasized that Worldpaper is different from the previously released Woofpaper and described it as a development that will "save the world through decentralization."

Interestingly, this document released by the developer might be seen as

a setback for Shytoshi. With the planned transition to a multi-token governance system within the SHIB ecosystem, the role of lead developer may no longer be necessary. Co-founder Ryoshi previously highlighted this and stated that the governance would be completely decentralized

#ShıbaINU #CryptoDeNostradame