Shiba Inu, one of the leading meme coins, has lost 48% since its annual peak at $0.00004567. However, a prominent analyst spotted a formation for a new price move towards $0.000045.
After the decline at the beginning of the month, SHIB consolidated in the following days and took advantage of the market recovery, regaining the $0.00002954 level on April 9. However, a bearish trend emerged at the end of last week that caused the Shiba Inu to fall to new lows.
Meme coin experienced daily losses for three consecutive days on April 11-13, crashing 26.71%. As a result, the price declined below the $0.00002 support level. Notably, Shiba Inu fell to a six-week low of $0.00001830 before a rapid recovery.
Despite the recovery, SHIB is still trading at its lowest level since March 4. Analyst Trade Byte shared a post stating that the meme coin is in a low position compared to its recently reached annual peak.
The analyst began his commentary by noting the 52% decline from the March 5 peak of $0.000045. At that time, SHIB was trading at $0.00002175. The Shiba Inu is trading at $0.00002348, up 4.82% in the last 24 hours, regaining some of the value it lost since the analyst's announcement.
The rise in price has helped offset some of the recent losses, but it is still far from reaching the annual peak. Byte suggested that occasional short-term declines will result in long-term rises.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
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.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
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.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.
