WOW! THIS IS INSANE! 422,000,000,000,000 IS BLOCKING SHIBA INU! (The Truth)" 🚨🔥
A recent discussion around Shiba Inu ($SHIB ) has highlighted concerns about large investors, or "whales," holding substantial quantities of SHIB tokens. The current number being monitored is around 142 trillion $SHIB , and this concentration in whale wallets may act as a barrier to upward price movements. This level of accumulation can create a significant resistance point in the market, impacting SHIB's potential price surge in the short term. Despite the challenges, the SHIB community remains hopeful, especially with the ongoing development of the Shibarium Layer-2 network, which has processed over 90 million transactions, supporting a longer-term bullish sentiment for Shiba Inu
Stay informed on what’s really going on with SHIB! #ShibaInu #SHIB #CryptoNews #SHIBArmy #AltcoinUpdate #SHIBPrice #BinanceSquare #CryptoAlert #MarketInsight
🐶 Shiba Inu’s Path to $0.001 SHIB Price Unveiled As Massive 5,400% SHIB Eruption Looms
Shiba Inu ($SHIB
) is garnering attention in the crypto space as influential analysts point to a potential massive surge, with one crypto pundit setting an ambitious target suggesting a possible 5,400% price increase. This bold prediction comes as #SHIB، shows strong technical indicators and increased market activity.
Notably, despite a challenging Thursday that saw SHIB drop by 5%, trading around $0.0000182, the token has performed remarkably well over the past month, boasting a 33% increase as per #CoinMarketCap data. The token’s performance aligns with broader market movements, as verified by Santiment’s market analysis, which shows significant social volume spikes across meme coins, including Dogecoin $BONK
and SHIB.
In a recent tweet, popular crypto market analyst Crypto Sheriff noted that the current bullish momentum for SHIB could persist. He outlined specific target levels, highlighting an initial target of $0.00002, followed by another take-profit level at $0.00002, with an ultimate goal of reaching $0.001. Notably, while the analyst did not specify a timeline for this progression, achieving the ultimate target of $0.001 would represent an impressive surge of approximately 5,471% for SHIB.
The technical outlook for SHIB also appears increasingly bullish following key pattern developments. Crypto analyst Vibranium Capital’s analysis shows SHIB has broken above a crucial resistance trend line from a closely watched symmetrical triangle, breaching the $0.00001650 level before returning to retest this zone as support.
In a post on TradingView, the pundit noted that SHIB had completed an 800-day downtrend. The 2021 trend resistance is now flipping to become support, a significant technical reversal signal.
He further projected ambitious targets of reaching 0.0008814 USDT by early 2025.
However, he noted that while near-term consolidation may persist, this accumulation phase appears to be laying the groundwork for a potential major rally as bulls demonstrate renewed control following the extended bearish period.
Meanwhile, the current market setup makes these targets particularly interesting. The token’s reduced exchange supply and increasing demand have created a potential springboard for price appreciation. Market data from Santiment reveals that speculative assets are experiencing notable churn as Bitcoin profits get redistributed into altcoins. #TetherUnderInvestigation
🚨 XRP Investors, Take Note! Ripple’s New Partnership with the IRC Could Be a Game-Changer! 🌍🤝
Ripple has announced a powerful alliance with the International Rescue Committee (IRC), and it’s turning heads across the crypto community! Here’s what you need to know about this exciting development:
🔹 New Humanitarian Partnership: On October 16, Ripple unveiled its partnership with the IRC to use its cross-border payment solutions and the upcoming RLUSD stablecoin to enhance humanitarian aid delivery. 💸🌐
🔹 $1 Million Grant for Innovation: Ripple has committed a $1 million, multi-year grant to explore how blockchain technology and the XRP Ledger (XRPL) can streamline cash relief programs and cross-border transfers in regions hit hardest by crises. 🚀💰
🔹 IRC's Impact: Operating in over 40 countries, the IRC has already delivered over $70 million in vouchers and cash relief, demonstrating its proven capability in crisis intervention. 🌍💪
🔹 Responding to Global Need: With the UN estimating 360 million people in need of assistance worldwide, Ripple and the IRC aim to transform how aid is delivered, making it faster, more secure, and more accessible using blockchain solutions. 🔄💎
🌟 Advice for XRP Holders: Blockchain analyst Lory believes this partnership could significantly boost the adoption of Ripple’s technology on a global scale! She advises investors to keep a close eye on Ripple’s growing influence in solving real-world problems. 📈🔮
🔔 Lory’s Key Insight: “This partnership shows the potential for Ripple’s blockchain solutions to be adopted on a massive scale,” she said. XRP holders, this could mean big opportunities ahead! 💡🚀
📢 Follow us for more insights on XRP and Ripple’s latest moves in the crypto space! Don’t miss out on what could be a pivotal moment for the future of blockchain technology. 🔥 #XRP #MemeCoinTrending #GrayscaleConsiders35Cryptos #BinanceLabsInvestsLombard #TeslaTransferBTC