ShibaFundamentalAnlysis
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Is $2 Shiba Inu Price Possible After Donald Trump’s Victory?
Shiba Inu price sees renewed optimism post-election as Trump's victory boosts market sentiment, spurring SHIB's rally potential.
Could Shiba Inu Price Reach $2 After a Donald Trump Win?
Shiba Inu price and other cryptocurrencies have surged following Donald Trump’s surprising win in the 2024 U.S. presidential election. Trump claimed 51.2% of the total vote, emerging victorious over Democrat Kamala Harris with an impressive lead of nearly 50 million votes.
“BREAKING: Donald Trump has won the 2024 election and will be the 47th president of the United States. — The Kobeissi Letter (@KobeissiLetter) November 6, 2024”
Following Trump’s election news, Bitcoin reached a historic peak, trading at $75,000. The market reacted positively to the new administration’s anticipated policies, sparking significant gains across digital currencies. Shiba Inu, alongside other crypto markets like ETH and PEPE coin, experienced notable price increases, demonstrating the sector’s responsiveness to political developments.
SHIB Price Surge Sparks Optimism
At the time of reporting, the SHIB price stands at $0.00001888, showing an impressive 8% increase. Over the past year, Shiba Inu has surged by 130%, sparking anticipation of a significant rally.
This growth could mirror its all-time high from October 2021, when it hit $0.00008845. Analysts suggest that continued Bitcoin gains may help Shiba Inu’s price approach those historic levels again. A bullish market sentiment might even push Shiba Inu price prediction towards the ambitious target of $2.
The meme coin sector shows strong potential for growth, with renewed interest in tokens like PEPE, POPCAT, WIF, BONK, FLOKI, and MEW, potentially fueling Shiba Inu’s upward trend. This excitement within the meme coin community could positively influence SHIB’s trajectory.
Moreover, Shiba Inu’s ecosystem is vibrant, supported by the launch of a dedicated game to boost utility and community engagement. The token’s burn rate has also spiked by 3674.17%, with 53.3 million SHIB burned in the last 24 hours. This reduction in supply is expected to support the token’s long-term growth trajectory.
Source- Shibburn
The MACD (Moving Average Convergence Divergence) indicator suggests a bullish trend. The MACD line has crossed above the signal line, with green histogram bars growing stronger. This movement reflects growing positive momentum, which could signify further gains if buying pressure persists.
Source: Trading View
Shiba Inu shows strong upward momentum amid favorable market conditions. Increased investor interest supports SHIB’s potential for further gains. With ongoing ecosystem developments and reduced supply, SHIB could continue its bullish trend. However, reaching $2 remains ambitious.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research.
#shiba⚡ #SHIB، #Shibainuholder #ShibaFundamentalAnlysis #Shibainuholder #Trump47thPresident
Could Shiba Inu Price Reach $2 After a Donald Trump Win?
Shiba Inu price and other cryptocurrencies have surged following Donald Trump’s surprising win in the 2024 U.S. presidential election. Trump claimed 51.2% of the total vote, emerging victorious over Democrat Kamala Harris with an impressive lead of nearly 50 million votes.
“BREAKING: Donald Trump has won the 2024 election and will be the 47th president of the United States. — The Kobeissi Letter (@KobeissiLetter) November 6, 2024”
Following Trump’s election news, Bitcoin reached a historic peak, trading at $75,000. The market reacted positively to the new administration’s anticipated policies, sparking significant gains across digital currencies. Shiba Inu, alongside other crypto markets like ETH and PEPE coin, experienced notable price increases, demonstrating the sector’s responsiveness to political developments.
SHIB Price Surge Sparks Optimism
At the time of reporting, the SHIB price stands at $0.00001888, showing an impressive 8% increase. Over the past year, Shiba Inu has surged by 130%, sparking anticipation of a significant rally.
This growth could mirror its all-time high from October 2021, when it hit $0.00008845. Analysts suggest that continued Bitcoin gains may help Shiba Inu’s price approach those historic levels again. A bullish market sentiment might even push Shiba Inu price prediction towards the ambitious target of $2.
The meme coin sector shows strong potential for growth, with renewed interest in tokens like PEPE, POPCAT, WIF, BONK, FLOKI, and MEW, potentially fueling Shiba Inu’s upward trend. This excitement within the meme coin community could positively influence SHIB’s trajectory.
Moreover, Shiba Inu’s ecosystem is vibrant, supported by the launch of a dedicated game to boost utility and community engagement. The token’s burn rate has also spiked by 3674.17%, with 53.3 million SHIB burned in the last 24 hours. This reduction in supply is expected to support the token’s long-term growth trajectory.
Source- Shibburn
The MACD (Moving Average Convergence Divergence) indicator suggests a bullish trend. The MACD line has crossed above the signal line, with green histogram bars growing stronger. This movement reflects growing positive momentum, which could signify further gains if buying pressure persists.
Source: Trading View
Shiba Inu shows strong upward momentum amid favorable market conditions. Increased investor interest supports SHIB’s potential for further gains. With ongoing ecosystem developments and reduced supply, SHIB could continue its bullish trend. However, reaching $2 remains ambitious.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research.
#shiba⚡ #SHIB، #Shibainuholder #ShibaFundamentalAnlysis #Shibainuholder #Trump47thPresident
Crypto Highlights Of The Week: Ripple Vs. SEC, Shiba Inu, US Elections Steal Spotlight
The crypto universe has closed another week with remarkable developments unfolding across the broader sector. While Ripple vs. the U.S. SEC lawsuit saw new advancements, Shiba Inu gained significant attention due to ecosystem developments. Simultaneously, with the U.S. elections nearing, the market appears to be echoing a frenzy. So, let’s take a closer look at some of the top cryptocurrency market updates reported by CoinGape Media over the past week.#shiba⚡ #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong
The crypto universe has closed another week with remarkable developments unfolding across the broader sector. While Ripple vs. the U.S. SEC lawsuit saw new advancements, Shiba Inu gained significant attention due to ecosystem developments. Simultaneously, with the U.S. elections nearing, the market appears to be echoing a frenzy. So, let’s take a closer look at some of the top cryptocurrency market updates reported by CoinGape Media over the past week.#shiba⚡ #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong
The Ethereum Connection and Role on the Network
Shiba Inu operates on the Ethereum blockchain, and Kusama’s outreach suggests potential mutual benefits. Kusama stated that showcasing SHIB technology could be relevant to the Ethereum network.
In his appeal, Kusama emphasized the community-driven nature, urging members to assist in gaining Buterin’s attention to secure the meeting. His pitch points to Shiba Inu’s intention to contribute more broadly within the Ethereum ecosystem.
The community reacted to the tweet and Kusama’s request with many tagging Vitalik Buterin requesting him to accept the meet-up. Notably, SHIB marketing lead, Lucie, reacted by stating,
Maybe he knows it’s better and, in the end, might outperform ETH. Perhaps more solidarity for everything Shib has accomplished on the Ethereum blockchain, and Solana won’t be flipping ETH today
This backing demonstrates strong community foundation, with members eager to gain recognition from Buterin. The project seeks to transition from its original meme coin status to a blockchain project with a clearer technological focus.
Amidst Buterin’s statement, Shiba Inu holds the 12th position in the cryptocurrency market with a valuation of around $10.64 billion. However, Dogecoin ranks higher at 8th with $24.6 billion. Kusama’s invitation is a strategic move to emphasize SHIB strengths and its alignment with the Ethereum ecosystem.
Recently, Shiba Inu burn rate surged by 253,000% within 24 hours, as over 5.61 billion SHIB tokens were burned, capturing significant investor interest.
#shiba⚡ #ShibaFundamentalAnlysis #EthereumETFApprovalExpectations #EthereumMemecoin $SHIB
$ETH
Shiba Inu operates on the Ethereum blockchain, and Kusama’s outreach suggests potential mutual benefits. Kusama stated that showcasing SHIB technology could be relevant to the Ethereum network.
In his appeal, Kusama emphasized the community-driven nature, urging members to assist in gaining Buterin’s attention to secure the meeting. His pitch points to Shiba Inu’s intention to contribute more broadly within the Ethereum ecosystem.
The community reacted to the tweet and Kusama’s request with many tagging Vitalik Buterin requesting him to accept the meet-up. Notably, SHIB marketing lead, Lucie, reacted by stating,
Maybe he knows it’s better and, in the end, might outperform ETH. Perhaps more solidarity for everything Shib has accomplished on the Ethereum blockchain, and Solana won’t be flipping ETH today
This backing demonstrates strong community foundation, with members eager to gain recognition from Buterin. The project seeks to transition from its original meme coin status to a blockchain project with a clearer technological focus.
Amidst Buterin’s statement, Shiba Inu holds the 12th position in the cryptocurrency market with a valuation of around $10.64 billion. However, Dogecoin ranks higher at 8th with $24.6 billion. Kusama’s invitation is a strategic move to emphasize SHIB strengths and its alignment with the Ethereum ecosystem.
Recently, Shiba Inu burn rate surged by 253,000% within 24 hours, as over 5.61 billion SHIB tokens were burned, capturing significant investor interest.
#shiba⚡ #ShibaFundamentalAnlysis #EthereumETFApprovalExpectations #EthereumMemecoin $SHIB
$ETH
Shiba Inu Shytoshi Kusama Requests Vitalik Buterin Meeting To Promote SHIB
Shytoshi Kusama, the lead of the Shiba Inu project, has made a bold request to Ethereum co-founder Vitalik Buterin. Kusama wants 10 minutes of Buterin’s time to showcase SHIB’s potential. His request follows Buterin’s recent statement that Dogecoin deserves to be the second-largest cryptocurrency after Bitcoin.
Shytoshi Kusama’s Proposal To Highlight Shiba Inu Vision
Following Vitalik Buterin’s comment regarding Dogecoin’s ranking, Shytoshi Kusama publicly requested a brief meeting to present Shiba Inu’s vision. Kusama expressed his intention to use the opportunity to outline SHIB features and roadmap, focusing on its technology, strong community, and governance model.
Kusama’s presentation would reportedly center on SHIB future development goals and its contributions to the blockchain ecosystem. His request reflects Shiba Inu’s ongoing efforts to establish itself as a credible cryptocurrency with robust infrastructure.
The SHIB lead emphasized, I would like the chance to show you “Why Shib” in a 10 min. pitch to showcase the technologies, robust community, intelligent governance, & digital state we have built for a truly decentralized future that ultimately benefits ETH. Shibarmy can you help here?”
Most recently, Shytoshi Kusama highlighted why SHIB has outperformed Bitcoin in lifetime gains, drawing attention to its 33,774,726% surge since its launch in 2020. Kusama’s comments sparked discussions across the crypto community, noting SHIB potential for further growth.#shiba⚡ #ShibaFundamentalAnlysis #SHib CryptoWatchMay2024 #shibabullbear $SHIB
Shytoshi Kusama, the lead of the Shiba Inu project, has made a bold request to Ethereum co-founder Vitalik Buterin. Kusama wants 10 minutes of Buterin’s time to showcase SHIB’s potential. His request follows Buterin’s recent statement that Dogecoin deserves to be the second-largest cryptocurrency after Bitcoin.
Shytoshi Kusama’s Proposal To Highlight Shiba Inu Vision
Following Vitalik Buterin’s comment regarding Dogecoin’s ranking, Shytoshi Kusama publicly requested a brief meeting to present Shiba Inu’s vision. Kusama expressed his intention to use the opportunity to outline SHIB features and roadmap, focusing on its technology, strong community, and governance model.
Kusama’s presentation would reportedly center on SHIB future development goals and its contributions to the blockchain ecosystem. His request reflects Shiba Inu’s ongoing efforts to establish itself as a credible cryptocurrency with robust infrastructure.
The SHIB lead emphasized, I would like the chance to show you “Why Shib” in a 10 min. pitch to showcase the technologies, robust community, intelligent governance, & digital state we have built for a truly decentralized future that ultimately benefits ETH. Shibarmy can you help here?”
Most recently, Shytoshi Kusama highlighted why SHIB has outperformed Bitcoin in lifetime gains, drawing attention to its 33,774,726% surge since its launch in 2020. Kusama’s comments sparked discussions across the crypto community, noting SHIB potential for further growth.#shiba⚡ #ShibaFundamentalAnlysis #SHib CryptoWatchMay2024 #shibabullbear $SHIB
$SHIB WILL TAKE BEARISH TREND !! 📉
ENTRY ; 0.00001875$
LEVERAGE ; x10 - x20
TARGETS ;
0.00001850$
0.00001825$
0.00001800$
TRADE WITH SAFETY TO AVOID LIQUIDITY, USE 2-4% OF YOUR PORTFOLIO !!
#SHIBAUSDT
#ShibaFundamentalAnlysis
#BinanceBlockchainWeek
#16thBTCWhitePaperAnniv
#CryptoAMA
ENTRY ; 0.00001875$
LEVERAGE ; x10 - x20
TARGETS ;
0.00001850$
0.00001825$
0.00001800$
TRADE WITH SAFETY TO AVOID LIQUIDITY, USE 2-4% OF YOUR PORTFOLIO !!
#SHIBAUSDT
#ShibaFundamentalAnlysis
#BinanceBlockchainWeek
#16thBTCWhitePaperAnniv
#CryptoAMA
Shib Price Prediction: Monthly SHIB Burn Rate Indicates Shib May Hit $0.0001 in November 2024🔥
The monthly SHIB burn data sparked significant optimism surrounding Shiba Inu's potential to hit $0.0001 ahead.
The monthly SHIB burn rate garnered substantial attention on Thursday as it landed a remarkable blow to Shiba Inu’s supply. As per burn data surfacing within the market, nearly 125 million coins were incinerated in the past month, sparking optimism over the meme coin’s future price movements. Intriguingly, with the massive burn surge and recent ecosystem developments coming into play, market watchers are eyeing a $0.0001 price target ahead for Shiba Inu. Read till last word for better understand it.
Shiba Inu To $0.0001 Possible?
At press time, SHIB price traded at $0.00001857, down nearly 2% in the past 24 hours. The coin’s intraday low and high were recorded as $0.00001823 and $0.0000192, respectively. Notably, the monthly chart showcased a slight 1% gain value despite the abovementioned massive SHIB burn. This has sparked contrasting speculations among market participants over the meme token’s potential to hit $0.0001 in November.
However, recent ecosystem developments, coupled with the massive burns, have urged investors to keep their eyes on the token. A recent Many Media report revealed that Shiba Inu emerged among the leading cryptocurrencies, which crypto investors have been holding the longest. This data, underscoring increased market confidence in the asset, has added to bullish projections.
Simultaneously, it’s also worth mentioning that the token’s lead developer, Shytoshi Kusama, added to the market frenzy surrounding the meme coin, spotlighting how it outshined BTC. This chronicle has added to market optimism surrounding the meme-themed digital asset’s potential to pump ahead.
Also, a recent SHIB price analysis by CoinGape Media further reveals that a $0.000081 price target looms for the token in light of the broader market’s recent bullish movement, coupled with looming U.S. elections and surging market cap for the meme coin. Given the meme coin tops this level, a run to $0.0001 could also be seen ahead.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Shib next bull run crypto.
#shiba⚡ #shibpriceprediction #Shibainuholder #ShibaFundamentalAnlysis #SHIB،
The monthly SHIB burn rate garnered substantial attention on Thursday as it landed a remarkable blow to Shiba Inu’s supply. As per burn data surfacing within the market, nearly 125 million coins were incinerated in the past month, sparking optimism over the meme coin’s future price movements. Intriguingly, with the massive burn surge and recent ecosystem developments coming into play, market watchers are eyeing a $0.0001 price target ahead for Shiba Inu. Read till last word for better understand it.
Shiba Inu To $0.0001 Possible?
At press time, SHIB price traded at $0.00001857, down nearly 2% in the past 24 hours. The coin’s intraday low and high were recorded as $0.00001823 and $0.0000192, respectively. Notably, the monthly chart showcased a slight 1% gain value despite the abovementioned massive SHIB burn. This has sparked contrasting speculations among market participants over the meme token’s potential to hit $0.0001 in November.
However, recent ecosystem developments, coupled with the massive burns, have urged investors to keep their eyes on the token. A recent Many Media report revealed that Shiba Inu emerged among the leading cryptocurrencies, which crypto investors have been holding the longest. This data, underscoring increased market confidence in the asset, has added to bullish projections.
Simultaneously, it’s also worth mentioning that the token’s lead developer, Shytoshi Kusama, added to the market frenzy surrounding the meme coin, spotlighting how it outshined BTC. This chronicle has added to market optimism surrounding the meme-themed digital asset’s potential to pump ahead.
Also, a recent SHIB price analysis by CoinGape Media further reveals that a $0.000081 price target looms for the token in light of the broader market’s recent bullish movement, coupled with looming U.S. elections and surging market cap for the meme coin. Given the meme coin tops this level, a run to $0.0001 could also be seen ahead.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Shib next bull run crypto.
#shiba⚡ #shibpriceprediction #Shibainuholder #ShibaFundamentalAnlysis #SHIB،
Shib Price Prediction: Shiba Inu Price Could Hit $0.000081, Analyst Explains Why?
Shiba Inu price could hit $0.000081, fueled by a breakout pattern and influences from Bitcoin and U.S. politics.
Shiba Inu price breakout has caught the eye of the market, and analysts are calling for a revisit to the previous all-time high. One analyst has predicted that the price of SHIB could surge to $0.000081, with compelling reasons behind his forecast. SHIB price is up 4% in the last 24 hours and is trading at $0.00001897. This includes a 5.7% increase the previous week, following Bitcoin’s rise to near-all-time highs. Can the SHIB price hit $0.000081? Read carefully till last word.
Source: Trading View
3 Reasons Why Shiba Inu Price Could Surge to $0.000081
To understand why Shiba Inu price is likely to soar back to its previous all-time high, crypto analyst Oscar Ramos looked into different factors affecting SHIB and discovered the following:
1. Influence of Bitcoin Price on Shiba Inu
Bitcoin price has been a key factor in pushing Shiba Inu prices higher (or lower). The correlation between the two is currently sitting at 83%, which suggests Bitcoin has a fair chance of pulling the SHIB price up as it goes higher.
2. Unites States’ Political Landscape
The ongoing U.S. election campaigns and the upcoming D-Day have significantly impacted the crypto markets this year. Ramos notes that as the day draws near, the crypto market is reacting to the most likely scenario, which, according to the Polymarket decentralized prediction market, shows Donald Trump could win the presidency.
3. Shiba Inu’s Market Cap and Volume
The meme coin lags behind major meme coins in the current Bitcoin rally. By 24-hour volume, SHIB trailed behind Dogecoin (DOGE) and Pepe (PEPE) per Coingecko data. However, this should be good news for investors. It means Shiba Inu has not yet started its run, and they are early for the rally.
Can SHIB Price Hit $0.000081 By 2025?
After a prolonged downtrend within a falling channel from the March 2024 mini-bull run, SHIB price appears to have broken out of the channel around October 2024. This breakout suggests a potential trend reversal to the upside, indicating bullish momentum building up.
Shiba Inu price action has formed a symmetrical triangle after the breakout, which is a continuation pattern. Given the breakout from the larger descending channel, it signals a continuation of the rally.
The price of SHIB broke out of the symmetrical triangle on October 30 and eyes 74% gains to the next major resistance.
SHIB price will need to overcome three key resistance levels before it can reach $0.000081: $0.000033, $0.000046, and $0.000071. These price targets align with the 0.382 Fibonacci retracement level, the previous yearly high, and the 61.8% Fibonacci extension level, respectively.
Image source: Trading View
Shiba Inu price forecast shows that if bears manage to push the asset back into the triangle and below it, they would have managed to invalidate the current bullish thesis. This is unlikely in the short term as SHIB 24-hour trading volume surged by 33% showing bulls are currently in charge.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Shib is the next bull run crypto.
#shiba⚡ #ShibaFundamentalAnlysis #ShibaFundamentalAnlysis #Shibainuholder
Shiba Inu price breakout has caught the eye of the market, and analysts are calling for a revisit to the previous all-time high. One analyst has predicted that the price of SHIB could surge to $0.000081, with compelling reasons behind his forecast. SHIB price is up 4% in the last 24 hours and is trading at $0.00001897. This includes a 5.7% increase the previous week, following Bitcoin’s rise to near-all-time highs. Can the SHIB price hit $0.000081? Read carefully till last word.
Source: Trading View
3 Reasons Why Shiba Inu Price Could Surge to $0.000081
To understand why Shiba Inu price is likely to soar back to its previous all-time high, crypto analyst Oscar Ramos looked into different factors affecting SHIB and discovered the following:
1. Influence of Bitcoin Price on Shiba Inu
Bitcoin price has been a key factor in pushing Shiba Inu prices higher (or lower). The correlation between the two is currently sitting at 83%, which suggests Bitcoin has a fair chance of pulling the SHIB price up as it goes higher.
2. Unites States’ Political Landscape
The ongoing U.S. election campaigns and the upcoming D-Day have significantly impacted the crypto markets this year. Ramos notes that as the day draws near, the crypto market is reacting to the most likely scenario, which, according to the Polymarket decentralized prediction market, shows Donald Trump could win the presidency.
3. Shiba Inu’s Market Cap and Volume
The meme coin lags behind major meme coins in the current Bitcoin rally. By 24-hour volume, SHIB trailed behind Dogecoin (DOGE) and Pepe (PEPE) per Coingecko data. However, this should be good news for investors. It means Shiba Inu has not yet started its run, and they are early for the rally.
Can SHIB Price Hit $0.000081 By 2025?
After a prolonged downtrend within a falling channel from the March 2024 mini-bull run, SHIB price appears to have broken out of the channel around October 2024. This breakout suggests a potential trend reversal to the upside, indicating bullish momentum building up.
Shiba Inu price action has formed a symmetrical triangle after the breakout, which is a continuation pattern. Given the breakout from the larger descending channel, it signals a continuation of the rally.
The price of SHIB broke out of the symmetrical triangle on October 30 and eyes 74% gains to the next major resistance.
SHIB price will need to overcome three key resistance levels before it can reach $0.000081: $0.000033, $0.000046, and $0.000071. These price targets align with the 0.382 Fibonacci retracement level, the previous yearly high, and the 61.8% Fibonacci extension level, respectively.
Image source: Trading View
Shiba Inu price forecast shows that if bears manage to push the asset back into the triangle and below it, they would have managed to invalidate the current bullish thesis. This is unlikely in the short term as SHIB 24-hour trading volume surged by 33% showing bulls are currently in charge.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Shib is the next bull run crypto.
#shiba⚡ #ShibaFundamentalAnlysis #ShibaFundamentalAnlysis #Shibainuholder
Shib Price Analysis: Shib Whale Transactions Jump 341%, Price To Follow Suit?
The Crypto market now undergoing a bullish momentum, Shiba Inu whales are flapping their fins in no small measure. The combined market capitalization has jumped by more 6.18% in 24 hours to $2.45 trillion. This bullish sentiment is unusual and positions all altcoins including SHIB on a path to light up all of their core metrics. Read carefully till last word.
Shiba Inu Whales Volume Hints Bullish Bets
Per data from IntoTheBlock, the 24 hour SHIB whales volume has jumped by 341%. The IntoTheBlock performance metric is used to judge large transactions worth at least $100,000. Within the time under review, the transaction volume has topped $68.02 million.
SHIB whale action is not uncommon in the memecoin ecosystem. This unusual liftoff is unexpected considering the outlook for Shiba Inu has continued to show volatility over the past week. When zoomed in, the total count of these whale transaction comes in at 170 in the 24 hour time span.
Source: Trading View
By actual token volume, whales moved a total of 3.73 trillion Shiba Inu on-chain. This makes it one of the most embraced memecoins in the broader digital currency. SHIB is one token with multiple performance metrics to watch.
As of writing, the token’s price comes in at 11.42% in 24 hours to $0.00001923. While core proponents are awaiting the token to breach the $0.00002 resistance level, it has scored a temporary win. Amid its massive rally, SHIB flipped Avalanche (AVAX) as the 12th largest digital asset in the market.
While it remains unclear how long Shiba Inu will keep up with this ranking, the token’s whales might stir a needed change. If the token’s large buyers can sustain the current activity boom, the dog-themed token may see more surge in the short term.
Ecosystem Trends To Watch
Beyond the impact of Shiba Inu whales, the memecoin has a very vibrant ecosystem. Through its Shibarium Layer-2 scaling solution, the token has continued to introduce new use cases for its users. Recently, Shibarium introduced a bridge feature for its affiliated Non-Fungible Token (NFT) Shiboshis.
Beyond this, Shiba Inu is driving up an agenda to compete with existing Ethereum L2 protocols in the industry. With scheduled SHIB burning via the Shibarium burn portal and other positive ecosystem updates, Shiba Inu has set a path for sustained future growth.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Shib is the next bull run crypto.
#shiba⚡ #ShibaInuSaga #Shibainuholder #ShibaFundamentalAnlysis #BinanceBlockchainWeek
Shiba Inu Whales Volume Hints Bullish Bets
Per data from IntoTheBlock, the 24 hour SHIB whales volume has jumped by 341%. The IntoTheBlock performance metric is used to judge large transactions worth at least $100,000. Within the time under review, the transaction volume has topped $68.02 million.
SHIB whale action is not uncommon in the memecoin ecosystem. This unusual liftoff is unexpected considering the outlook for Shiba Inu has continued to show volatility over the past week. When zoomed in, the total count of these whale transaction comes in at 170 in the 24 hour time span.
Source: Trading View
By actual token volume, whales moved a total of 3.73 trillion Shiba Inu on-chain. This makes it one of the most embraced memecoins in the broader digital currency. SHIB is one token with multiple performance metrics to watch.
As of writing, the token’s price comes in at 11.42% in 24 hours to $0.00001923. While core proponents are awaiting the token to breach the $0.00002 resistance level, it has scored a temporary win. Amid its massive rally, SHIB flipped Avalanche (AVAX) as the 12th largest digital asset in the market.
While it remains unclear how long Shiba Inu will keep up with this ranking, the token’s whales might stir a needed change. If the token’s large buyers can sustain the current activity boom, the dog-themed token may see more surge in the short term.
Ecosystem Trends To Watch
Beyond the impact of Shiba Inu whales, the memecoin has a very vibrant ecosystem. Through its Shibarium Layer-2 scaling solution, the token has continued to introduce new use cases for its users. Recently, Shibarium introduced a bridge feature for its affiliated Non-Fungible Token (NFT) Shiboshis.
Beyond this, Shiba Inu is driving up an agenda to compete with existing Ethereum L2 protocols in the industry. With scheduled SHIB burning via the Shibarium burn portal and other positive ecosystem updates, Shiba Inu has set a path for sustained future growth.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Shib is the next bull run crypto.
#shiba⚡ #ShibaInuSaga #Shibainuholder #ShibaFundamentalAnlysis #BinanceBlockchainWeek
$SHIB SHIB (Shiba Inu) Analysis - October 29, 2024
**Current Price:** $0.00001831
**Market Sentiment:** Bullish
**Analysis:** Shiba Inu (SHIB) has shown promising signs of recovery, fueled by recent community initiatives and growing interest in meme coins. The overall sentiment in the cryptocurrency market is leaning towards a bullish outlook as traders anticipate potential upward movements. With increasing social media engagement and upcoming developments, SHIB may see a price surge. Analysts predict that a breakout above key resistance levels could drive the price higher in the short term.
**Target Price for October 29:** $0.00001950
**Sell Price:** $0.00001800
As always, it's crucial to monitor market trends and sentiment for informed trading decisions.
#shiba⚡ #SHIBAUSDT #ShibaArmstrong #ShibaFundamentalAnlysis $SHIB
**Current Price:** $0.00001831
**Market Sentiment:** Bullish
**Analysis:** Shiba Inu (SHIB) has shown promising signs of recovery, fueled by recent community initiatives and growing interest in meme coins. The overall sentiment in the cryptocurrency market is leaning towards a bullish outlook as traders anticipate potential upward movements. With increasing social media engagement and upcoming developments, SHIB may see a price surge. Analysts predict that a breakout above key resistance levels could drive the price higher in the short term.
**Target Price for October 29:** $0.00001950
**Sell Price:** $0.00001800
As always, it's crucial to monitor market trends and sentiment for informed trading decisions.
#shiba⚡ #SHIBAUSDT #ShibaArmstrong #ShibaFundamentalAnlysis $SHIB
$SHIB **SHIB Analysis: Bullish Sentiment on October 28, 2024**
As of today, SHIB is experiencing a bullish sentiment, largely fueled by increased community engagement and developments in the Shiba Inu ecosystem. The recent partnerships and expansions in utility are contributing to renewed interest among investors. Additionally, the overall cryptocurrency market is showing signs of recovery, which may further bolster SHIB's price.
**Current Price:** $0.00001700
**Target Price (October 28, 2024):** $0.00002000
**Sell Price:** $0.00001950
Market trends suggest that SHIB could test the resistance at $0.00002000 in the coming days. Investors should monitor trading volume and community sentiment closely, as these factors will play a crucial role in SHIB’s price movement. With the potential for positive price action, SHIB could become an attractive option for short-term traders.
#shiba⚡ #SHIBAUSDT #ShibaFundamentalAnlysis #Shibalnu $SHIB
As of today, SHIB is experiencing a bullish sentiment, largely fueled by increased community engagement and developments in the Shiba Inu ecosystem. The recent partnerships and expansions in utility are contributing to renewed interest among investors. Additionally, the overall cryptocurrency market is showing signs of recovery, which may further bolster SHIB's price.
**Current Price:** $0.00001700
**Target Price (October 28, 2024):** $0.00002000
**Sell Price:** $0.00001950
Market trends suggest that SHIB could test the resistance at $0.00002000 in the coming days. Investors should monitor trading volume and community sentiment closely, as these factors will play a crucial role in SHIB’s price movement. With the potential for positive price action, SHIB could become an attractive option for short-term traders.
#shiba⚡ #SHIBAUSDT #ShibaFundamentalAnlysis #Shibalnu $SHIB
$SHIB Shiba Inu (SHIB) Analysis – October 27, 2024
As of October 27, 2024, Shiba Inu (SHIB) is trading at $0.00001700. In recent weeks, SHIB has shown resilience, buoyed by growing interest in meme coins and an increase in community-driven initiatives. Its strong social media presence continues to attract new investors, contributing to a positive sentiment around the token.
Technically, SHIB is hovering around a key support level, which suggests a potential rebound. A bullish trend could push the price towards a target of $0.00002000, especially if broader market conditions remain favorable. However, if the price breaks below $0.00001600, it could signal bearish momentum, leading to a potential drop to $0.00001500.
**Recommendation:** Given the current trend and market sentiment, SHIB appears bullish for short-term trading. The suggested sell price is $0.00002000, while a stop-loss should be placed around $0.00001600 to manage risk.
#shiba⚡ #ShibaFundamentalAnlysis #SHIBAUSDT #shibabullbear #ShibaArmstrong $SHIB
As of October 27, 2024, Shiba Inu (SHIB) is trading at $0.00001700. In recent weeks, SHIB has shown resilience, buoyed by growing interest in meme coins and an increase in community-driven initiatives. Its strong social media presence continues to attract new investors, contributing to a positive sentiment around the token.
Technically, SHIB is hovering around a key support level, which suggests a potential rebound. A bullish trend could push the price towards a target of $0.00002000, especially if broader market conditions remain favorable. However, if the price breaks below $0.00001600, it could signal bearish momentum, leading to a potential drop to $0.00001500.
**Recommendation:** Given the current trend and market sentiment, SHIB appears bullish for short-term trading. The suggested sell price is $0.00002000, while a stop-loss should be placed around $0.00001600 to manage risk.
#shiba⚡ #ShibaFundamentalAnlysis #SHIBAUSDT #shibabullbear #ShibaArmstrong $SHIB
$SHIB SHIB Analysis: Current Sentiment and Price Outlook
As of today, Shiba Inu (SHIB) is trading at $0.00001691, reflecting a relatively stable market amid recent volatility in the cryptocurrency sector. While SHIB has historically been driven by meme culture and community sentiment, it’s now showing signs of resilience, with increasing interest in its upcoming projects and partnerships.
Given the current bullish trend in the broader market and SHIB's recent price action, a target price of $0.00001850 is plausible in the short term, especially if it breaks above key resistance levels. Conversely, a bearish scenario could see it drop to a support level around $0.00001550 if market sentiment shifts negatively.
Investors should consider monitoring social media sentiment and market trends closely, as these factors heavily influence SHIB's price movements. Therefore, with the current analysis, SHIB appears to hold potential for growth in the coming weeks.
#shiba⚡ #ShibaFundamentalAnlysis #shibabullbear #SHIBAUSDT $SHIB
As of today, Shiba Inu (SHIB) is trading at $0.00001691, reflecting a relatively stable market amid recent volatility in the cryptocurrency sector. While SHIB has historically been driven by meme culture and community sentiment, it’s now showing signs of resilience, with increasing interest in its upcoming projects and partnerships.
Given the current bullish trend in the broader market and SHIB's recent price action, a target price of $0.00001850 is plausible in the short term, especially if it breaks above key resistance levels. Conversely, a bearish scenario could see it drop to a support level around $0.00001550 if market sentiment shifts negatively.
Investors should consider monitoring social media sentiment and market trends closely, as these factors heavily influence SHIB's price movements. Therefore, with the current analysis, SHIB appears to hold potential for growth in the coming weeks.
#shiba⚡ #ShibaFundamentalAnlysis #shibabullbear #SHIBAUSDT $SHIB
$SHIB
#SHIBAUSDT kissed the support trendline and the price bounced from there. If you have opened long positions at the support line, increase your stop loss and hold the position. We may see a move towards the resistance area now.
#ETHETFsApproved #StartInvestingInCrypto #Shibainuholder #ShibaFundamentalAnlysis
#SHIBAUSDT kissed the support trendline and the price bounced from there. If you have opened long positions at the support line, increase your stop loss and hold the position. We may see a move towards the resistance area now.
#ETHETFsApproved #StartInvestingInCrypto #Shibainuholder #ShibaFundamentalAnlysis
SHIB had a quick dip below the support line to trigger stop losses. The price is now showing a strong upward movement. We'll have to wait and see if the price can break through the resistance area. The next move will be decided by a break of the triangle pattern.
Resistance Area: 2810-2880
#ShibaFundamentalAnlysis #SHIBAUSDT #Shibainuholder #StartInvestingInCrypto #BlackRock
Resistance Area: 2810-2880
#ShibaFundamentalAnlysis #SHIBAUSDT #Shibainuholder #StartInvestingInCrypto #BlackRock
Shiba Inu Price prediction 2024
SHIB
$0.00001635
-1.68%
#shiba⚡ $SHIB
SHIB
0.00001635
-1.74%
Shiba Inu prices are currently under intense pressure to correct, and purchasers are finding it difficult to take control of the market's recovery. The SHIB price breaks through the long-term resistance trendline, but is unable to maintain the breakout rally, which leads to a decline below $0.000010.
Nevertheless, a double bottom formation on the Shiba Inu price trend indicates that buyers are once again entering the market, breaking the run of lower high formations. Shiba Inu (SHIB) has had a difficult start to 2024, but the price movement for Shiba Inu in 2024 will be greatly influenced by the continuous struggle at the support trendline.
The price may hit the aim of $0.00006697 in 2024 if it can keep rising above $0.00003682. However, the SHIB price might surely fall to $0.000010 if it reverses. While a downturn is still a possibility, SHIB's outlook is generally favourable.
#SHIBAUSDT #Shibainuholder #ShibaFundamentalAnlysis #shiba⚡ $SHIB
$0.00001635
-1.68%
#shiba⚡ $SHIB
SHIB
0.00001635
-1.74%
Shiba Inu prices are currently under intense pressure to correct, and purchasers are finding it difficult to take control of the market's recovery. The SHIB price breaks through the long-term resistance trendline, but is unable to maintain the breakout rally, which leads to a decline below $0.000010.
Nevertheless, a double bottom formation on the Shiba Inu price trend indicates that buyers are once again entering the market, breaking the run of lower high formations. Shiba Inu (SHIB) has had a difficult start to 2024, but the price movement for Shiba Inu in 2024 will be greatly influenced by the continuous struggle at the support trendline.
The price may hit the aim of $0.00006697 in 2024 if it can keep rising above $0.00003682. However, the SHIB price might surely fall to $0.000010 if it reverses. While a downturn is still a possibility, SHIB's outlook is generally favourable.
#SHIBAUSDT #Shibainuholder #ShibaFundamentalAnlysis #shiba⚡ $SHIB
look here shib 2020 lowest price and now current price
how poeple are say shib will go 1$?
I dont think so. just trade and see....
how many agreed with my point?
follow n share
#shib
##ShibaFundamentalAnlysis
#MemeWatch2024 #notcoin #BTC
how poeple are say shib will go 1$?
I dont think so. just trade and see....
how many agreed with my point?
follow n share
#shib
##ShibaFundamentalAnlysis
#MemeWatch2024 #notcoin #BTC
Buy Entry right know shib. Going towards new high. #Shibainuholder #ShinaInuOfficialTEAM #ShibaFundamentalAnlysis
Predicting the future value of any cryptocurrency, including Shiba Coin, is highly speculative and uncertain. Many factors can influence its price, including market demand, investor sentiment, regulatory developments, and technological advancements. While it's theoretically possible for Shiba Coin to reach $1, it would require significant adoption and support within the crypto community, as well as broader acceptance in mainstream markets. However, such predictions should be taken with caution as the cryptocurrency market is known for its volatility. #ShibaFundamentalAnlysis #SHIBUpdate #Shibalnu
##Shibainuholder #shiba #SHIBAUSDT #ShibaFundamentalAnlysis $SHIB why are we selling shiba?
if you want to be Billionaires then you have to Buy more.
Buy more Shiba inu and rifill the fuel tank for going to moon 🚀
if you want to be Billionaires then you have to Buy more.
Buy more Shiba inu and rifill the fuel tank for going to moon 🚀
#Shiba Inu: $100 to $1.6 Billions
If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀
Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.
The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀
This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥
Here is a table that summarizes your investment:🐮🐮🐮
Investment, Purchase price, Sale price, Profit
$100 in $SHIB $0.000000000056 $0.00008845 $1.6 billion
Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB
#ShibaFundamentalAnlysis
like & follow @india_crypto
If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀
Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.
The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀
This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥
Here is a table that summarizes your investment:🐮🐮🐮
Investment, Purchase price, Sale price, Profit
$100 in $SHIB $0.000000000056 $0.00008845 $1.6 billion
Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB
#ShibaFundamentalAnlysis
like & follow @india_crypto
