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#shiba⚡ #Shibainuholder Shiba Inu (SHIB) has shown a positive trend recently, with a significant increase in price over the last day and week. Here's an analysis of where SHIB could go in the short term, based on various factors: ### Technical Analysis 1. **Price Trend**: SHIB is currently trading at 0.00002818 USDT, showing a 12.50% increase. The chart indicates a recent bullish trend, breaking through previous resistance levels around 0.00002800. 2. **Volume**: There has been a notable increase in trading volume, suggesting higher market participation and interest in SHIB. 3. **Indicators**: Key technical indicators, such as the Moving Averages and MACD, are showing bullish signals. The Stochastic RSI is also in an upward trend, indicating positive momentum. ### Market Sentiment 1. **Investor Interest**: Meme coins like SHIB often benefit from social media hype and community interest. Positive sentiment on platforms like Twitter and Reddit can drive prices up. 2. **Market Trends**: The broader cryptocurrency market trends can also impact SHIB. If the overall market remains bullish, SHIB is likely to continue its upward trend. ### Key Levels 1. **Resistance**: The next resistance level to watch is around 0.00003644. If SHIB breaks this level, it could see further gains. 2. **Support**: The support level to watch is around 0.00002444. If SHIB fails to maintain its current momentum, it might retest this support level. ### News and Events Any major announcements, partnerships, or developments related to the Shiba Inu ecosystem could significantly influence its price. ### Summary In the coming week, SHIB could continue to rise if the current positive sentiment and market conditions persist. However, given the inherent volatility of cryptocurrencies, it's crucial to monitor market trends and news closely. **Disclaimer**: Cryptocurrency investments are highly volatile and speculative. It's important to do thorough research and consider your risk tolerance before making any investment decisions.
#shiba⚡ #Shibainuholder

Shiba Inu (SHIB) has shown a positive trend recently, with a significant increase in price over the last day and week. Here's an analysis of where SHIB could go in the short term, based on various factors:

### Technical Analysis
1. **Price Trend**: SHIB is currently trading at 0.00002818 USDT, showing a 12.50% increase. The chart indicates a recent bullish trend, breaking through previous resistance levels around 0.00002800.
2. **Volume**: There has been a notable increase in trading volume, suggesting higher market participation and interest in SHIB.
3. **Indicators**: Key technical indicators, such as the Moving Averages and MACD, are showing bullish signals. The Stochastic RSI is also in an upward trend, indicating positive momentum.

### Market Sentiment
1. **Investor Interest**: Meme coins like SHIB often benefit from social media hype and community interest. Positive sentiment on platforms like Twitter and Reddit can drive prices up.
2. **Market Trends**: The broader cryptocurrency market trends can also impact SHIB. If the overall market remains bullish, SHIB is likely to continue its upward trend.

### Key Levels
1. **Resistance**: The next resistance level to watch is around 0.00003644. If SHIB breaks this level, it could see further gains.
2. **Support**: The support level to watch is around 0.00002444. If SHIB fails to maintain its current momentum, it might retest this support level.

### News and Events
Any major announcements, partnerships, or developments related to the Shiba Inu ecosystem could significantly influence its price.

### Summary
In the coming week, SHIB could continue to rise if the current positive sentiment and market conditions persist. However, given the inherent volatility of cryptocurrencies, it's crucial to monitor market trends and news closely.

**Disclaimer**: Cryptocurrency investments are highly volatile and speculative. It's important to do thorough research and consider your risk tolerance before making any investment decisions.
An Investor Strikes Gold with Shiba Inu Memecoin In a remarkable turn of events, an investor has become a millionaire by holding onto Shiba Inu ($SHIB ) for an astonishing 3 years. This incredible journey began when the investor purchased 48 billion SHIB tokens for a mere $2,700 in January 2021, using 2 ETH. Fast forward to May 27, 2024, the investor decided to cash out, reaping a massive profit of $1.24 million – a staggering 47,592% increase from the initial investment. At the time of sale, the price of $SHIB was $0.000026 per token. This remarkable success story is a testament to the unpredictable nature of memecoins. Unlike other cryptocurrencies, most memecoins like Shiba Inu are considered high-risk, high-reward investments, capable of turning ordinary investors into millionaires overnight. The investor's wallet only made two transactions in its entire lifetime – one buy order 3.5 years ago and the recent sell order that netted the investor a sum of money. This extraordinary tale serves as a reminder that even the most unlikely investments can yield extraordinary results with patience and perseverance. $SHIB #Shibainuholder
An Investor Strikes Gold with Shiba Inu Memecoin

In a remarkable turn of events, an investor has become a millionaire by holding onto Shiba Inu ($SHIB ) for an astonishing 3 years. This incredible journey began when the investor purchased 48 billion SHIB tokens for a mere $2,700 in January 2021, using 2 ETH.

Fast forward to May 27, 2024, the investor decided to cash out, reaping a massive profit of $1.24 million – a staggering 47,592% increase from the initial investment. At the time of sale, the price of $SHIB was $0.000026 per token.

This remarkable success story is a testament to the unpredictable nature of memecoins. Unlike other cryptocurrencies, most memecoins like Shiba Inu are considered high-risk, high-reward investments, capable of turning ordinary investors into millionaires overnight.

The investor's wallet only made two transactions in its entire lifetime – one buy order 3.5 years ago and the recent sell order that netted the investor a sum of money. This extraordinary tale serves as a reminder that even the most unlikely investments can yield extraordinary results with patience and perseverance.
$SHIB
#Shibainuholder
Shib's future price is a bit of a guessing game. Some folks think it'll rocket up because more places are letting you trade it and the community's burning a bunch of tokens (fancy way of saying reducing supply). They even say it might hit $0.000080 by June! On the flip side, others are worried because fewer people are actively using Shib lately. On top of that, it's struggling to break past the $0.000030 mark, which could be a roadblock. So, the price might actually dip in the next year. The truth? It depends on a mix of things: how strong the Shib army stays, if more exchanges accept it, and what the whole crypto market does. It's a wild ride, so do your research and invest wisely. This ain't financial advice, though! #Shibainuholder #shiba⚡ #SHIB،
Shib's future price is a bit of a guessing game. Some folks think it'll rocket up because more places are letting you trade it and the community's burning a bunch of tokens (fancy way of saying reducing supply). They even say it might hit $0.000080 by June!
On the flip side, others are worried because fewer people are actively using Shib lately. On top of that, it's struggling to break past the $0.000030 mark, which could be a roadblock. So, the price might actually dip in the next year.
The truth? It depends on a mix of things: how strong the Shib army stays, if more exchanges accept it, and what the whole crypto market does. It's a wild ride, so do your research and invest wisely. This ain't financial advice, though!

#Shibainuholder
#shiba⚡
#SHIB،
#MarketSentimentToday #pepe #shiba⚡ #Shibainuholder #MoonPrime Many doubted PEPE, claiming it would never drop a zero, yet it continues to defy expectations. Similarly, people are calling SHIB a dead coin, but it's poised for a significant move.🚀🚀 Those who dismiss it now will regret it later when they end up buying at a higher price, only to panic sell during a correction, missing out on gains once more. It's crucial to plan for the long run, diversify your investments, and only invest what you can afford to lose. Note: This is based on my experience. Predictions can be wrong, so always conduct your own research before investing.
#MarketSentimentToday
#pepe #shiba⚡ #Shibainuholder #MoonPrime

Many doubted PEPE, claiming it would never drop a zero, yet it continues to defy expectations. Similarly, people are calling SHIB a dead coin, but it's poised for a significant move.🚀🚀 Those who dismiss it now will regret it later when they end up buying at a higher price, only to panic sell during a correction, missing out on gains once more. It's crucial to plan for the long run, diversify your investments, and only invest what you can afford to lose.
Note: This is based on my experience. Predictions can be wrong, so always conduct your own research before investing.
#MarketSentimentToday #shibainu #shiba⚡ #SHIBAUSDT #Shibainuholder 🚨 Attention Shiba Inu memecoin enthusiasts! 🚀🚀 SHIB Climbs to Become the 11th Largest Cryptocurrency, Poised to Challenge Cardano in the Top 10 Despite the cryptocurrency market's volatility caused by Mt. Gox's fund transfers for customer repayments, Shiba Inu (SHIB) has notably overtaken Avalanche (AVAX) to secure the 11th spot in market capitalization. SHIB's price saw a minor dip of 0.16% to $0.00002552, but its market cap surged to $15.036 billion, surpassing AVAX by $400 million. In contrast, AVAX experienced a sharp decline of 8.33% to $37.16, reducing its market cap to $14.6 billion. This upward movement for Shiba Inu signals a temporary bullish trend among investors. Nevertheless, SHIB aims higher, targeting Cardano (ADA) next to break into the top 10. Currently, Cardano sits in the 8th position with a market cap of $16.43 billion, about $1.4 billion more than SHIB. If SHIB maintains its growth trajectory and Cardano encounters setbacks, the meme coin could climb further in the market cap rankings.
#MarketSentimentToday

#shibainu #shiba⚡ #SHIBAUSDT #Shibainuholder

🚨 Attention Shiba Inu memecoin enthusiasts! 🚀🚀
SHIB Climbs to Become the 11th Largest Cryptocurrency, Poised to Challenge Cardano in the Top 10
Despite the cryptocurrency market's volatility caused by Mt. Gox's fund transfers for customer repayments, Shiba Inu (SHIB) has notably overtaken Avalanche (AVAX) to secure the 11th spot in market capitalization.

SHIB's price saw a minor dip of 0.16% to $0.00002552, but its market cap surged to $15.036 billion, surpassing AVAX by $400 million. In contrast, AVAX experienced a sharp decline of 8.33% to $37.16, reducing its market cap to $14.6 billion.

This upward movement for Shiba Inu signals a temporary bullish trend among investors. Nevertheless, SHIB aims higher, targeting Cardano (ADA) next to break into the top 10.
Currently, Cardano sits in the 8th position with a market cap of $16.43 billion, about $1.4 billion more than SHIB. If SHIB maintains its growth trajectory and Cardano encounters setbacks, the meme coin could climb further in the market cap rankings.
Shiba Inu: AI Predicts SHIB’s Price For May 31, 2024Shiba Inu ($SHIB ) is again struggling to reclaim the $0.00002500 level, although it briefly surpassed this mark earlier this month. SHIB is up by 1.1% in the weekly charts and 13.1% in the 14-day charts. However, the asset has faced a 0.9% correction in the daily and monthly charts. The rally earlier this month may be due to the US SEC (Securities and Exchange Commission) approving all Ethereum (ETH) ETFs (Exchange Traded Funds). However, the market did not hold price levels, and a correction followed soon after the rally. It is possible that the ETH ETF was a ‘sell the news’ event, hence the rally was not sustainable. Or perhaps the rally has been delayed and will catch on later. AI predicts Shiba Inu’s (SHIB) price for May 31, 2024 Shiba Inu (SHIB) may break out into a rally soon. According to CoinCodex, SHIB could hit $0.00002970 on May 31, 2024. Reaching $0.00002970 from current levels would translate to a growth of over 21%. Furthermore, CoinCodex anticipates SHIB to continue its rally in June, hitting a high of $0.00008375 on June 24, 2024. Reaching $0.00008375 from current levels would translate to a growth of about 241.28%. If SHIB hits $0.00008375, it may surpass its previous high of $0.00008616. Changelly also paints a similar image for Shiba Inu (SHIB) over the next few days. The platform predicts SHIB to hit $0.00002969 on May 31, 2024. Furthermore, Changelly anticipates SHIB to reach $0.00008373 on June 24, 2024. The predicted rally could be due to the Ethereum (ETH) ETFs approved by the US SEC. Many analysts anticipate a market-wide rally, similar to the market rally after the SEC approved 11 spot Bitcoin (BTC) ETFs in January. Source : Paigambar Mohan Raj (Watcher.guru) #shibarium #shib #Shibainuholder #shibanews

Shiba Inu: AI Predicts SHIB’s Price For May 31, 2024

Shiba Inu ($SHIB ) is again struggling to reclaim the $0.00002500 level, although it briefly surpassed this mark earlier this month. SHIB is up by 1.1% in the weekly charts and 13.1% in the 14-day charts. However, the asset has faced a 0.9% correction in the daily and monthly charts.

The rally earlier this month may be due to the US SEC (Securities and Exchange Commission) approving all Ethereum (ETH) ETFs (Exchange Traded Funds). However, the market did not hold price levels, and a correction followed soon after the rally. It is possible that the ETH ETF was a ‘sell the news’ event, hence the rally was not sustainable. Or perhaps the rally has been delayed and will catch on later.
AI predicts Shiba Inu’s (SHIB) price for May 31, 2024
Shiba Inu (SHIB) may break out into a rally soon. According to CoinCodex, SHIB could hit $0.00002970 on May 31, 2024. Reaching $0.00002970 from current levels would translate to a growth of over 21%.
Furthermore, CoinCodex anticipates SHIB to continue its rally in June, hitting a high of $0.00008375 on June 24, 2024. Reaching $0.00008375 from current levels would translate to a growth of about 241.28%. If SHIB hits $0.00008375, it may surpass its previous high of $0.00008616.

Changelly also paints a similar image for Shiba Inu (SHIB) over the next few days. The platform predicts SHIB to hit $0.00002969 on May 31, 2024. Furthermore, Changelly anticipates SHIB to reach $0.00008373 on June 24, 2024.
The predicted rally could be due to the Ethereum (ETH) ETFs approved by the US SEC. Many analysts anticipate a market-wide rally, similar to the market rally after the SEC approved 11 spot Bitcoin (BTC) ETFs in January.

Source : Paigambar Mohan Raj (Watcher.guru)
#shibarium #shib #Shibainuholder #shibanews
Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains Popular ERC-20 meme coin Shiba Inu ($SHIB) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024. At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year. By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days. However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line. With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain. Mega Dice’s $DICE Tempts Shiba Inu Holders Shiba Inu has realised that very few meme coins will survive the post-adoption future, when crypto will become a ubiquitous means of payment and store of value for the general public. That’s why earlier this year, the team behind it announced a $12 million fundraise towards a new privacy focused layer-3 blockchain. NOTE; Please DYOR #shiba⚡ #Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong #bullish
Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains

Popular ERC-20 meme coin Shiba Inu ($SHIB ) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024.

At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year.

By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB ’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days.

However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB ’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line.

With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain.

Mega Dice’s $DICE Tempts Shiba Inu Holders

Shiba Inu has realised that very few meme coins will survive the post-adoption future, when crypto will become a ubiquitous means of payment and store of value for the general public. That’s why earlier this year, the team behind it announced a $12 million fundraise towards a new privacy focused layer-3 blockchain.

NOTE; Please DYOR

#shiba⚡ #Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong #bullish
‎‏A lot of folks asking about #shiba⚡ Inu at the moment. At this time on the above 2-day chart price action has broken from resistance that began in October 2021. ‎‏The question most want answered: Will Shiba (Bro.) pump 1000% like in 2021 from late ‎‏September until late October? No idea. ‎‏Anything is possible. ‎‏Is it probable? No. Why do I say that? ‎‏Let's look left. Back 2021 there were certain conditions that printed specially on the 2-day chart. Those conditions were: ‎‏1) The BTC pair of the token ‎‏2) A strong buy signal ‎‏3) Strong bullish divergence. Huge. ‎‏4) Stochastic RSI was 50+ at the time of the above conditions. ‎‏Do all those conditions exist today? No. ‎‏Do those conditions exist on other tokens today? Yes. ‎‏Yes indeed. As a matter of fact there are 16 tokens currently listed on Binance printing those exact conditions. Two of them have already 'popped', GALA and SOL. ‎‏What are the other 14? Get this post to 500 likes and I'll share them below! ‎‏Ww ‎‏Remember: ‎‏Type: trade ‎‏Risk: <=6% of portfolio per position. ‎‏Timeframe: don't know ‎‏Return: don't know #btc70k #Shibainuholder #FIT21 #altcoins
‎‏A lot of folks asking about #shiba⚡ Inu at the moment. At this time on the above 2-day chart price action has broken from resistance that began in October 2021.
‎‏The question most want answered: Will Shiba (Bro.) pump 1000% like in 2021 from late
‎‏September until late October? No idea.
‎‏Anything is possible.
‎‏Is it probable? No. Why do I say that?
‎‏Let's look left. Back 2021 there were certain conditions that printed specially on the 2-day chart. Those conditions were:
‎‏1) The BTC pair of the token
‎‏2) A strong buy signal
‎‏3) Strong bullish divergence. Huge.
‎‏4) Stochastic RSI was 50+ at the time of the above conditions.

‎‏Do all those conditions exist today? No.
‎‏Do those conditions exist on other tokens today? Yes.
‎‏Yes indeed. As a matter of fact there are 16 tokens currently listed on Binance printing those exact conditions. Two of them have already 'popped', GALA and SOL.
‎‏What are the other 14? Get this post to 500 likes and I'll share them below!
‎‏Ww
‎‏Remember:
‎‏Type: trade
‎‏Risk: <=6% of portfolio per position.
‎‏Timeframe: don't know
‎‏Return: don't know
#btc70k #Shibainuholder #FIT21 #altcoins
#shib/usdt in an accumulation phase, aligning with the anticipated altcoin season🧐 The price is currently consolidating within a range on the daily timeframe😴 Higher lows within the range suggest the presence of buying pressure📈 The resistance zone is identified at 0.00002852, representing a potential target for the bullish move🎯#shiba⚡ #Shibainuholder $SHIB #altcoins
#shib/usdt in an accumulation phase, aligning with the anticipated altcoin season🧐

The price is currently consolidating within a range on the daily timeframe😴

Higher lows within the range suggest the presence of buying pressure📈

The resistance zone is identified at 0.00002852, representing a potential target for the bullish move🎯#shiba⚡ #Shibainuholder $SHIB #altcoins
#SHIBCOIN #shiba⚡ #Shibainuholder #Shibalnu " Investors who buy a large amount of Shiba Inu (SHIB) coins, like $10,000 or $100,000 worth, hope to see their investment grow to $10 million if the price goes up enough. SHIB has gotten popular recently, causing its price to jump sometimes. This is because it did very well in the past, turning a small investment of $12 into $1 million in just over a year. People think it could happen again because the team behind SHIB is building a strong ecosystem and burning tokens, which reduces the supply. Recently, the price went up 370% in just 10 days, reaching a high point of $0.000045. Now, investors are buying more SHIB, hoping it will go up even more. Analysts think it will keep going up, and investors want to know how high it needs to go for their investment to reach $1 million. Interestingly, the number of people holding a large amount of SHIB (between $10,000 and $100,000) has doubled since January, from 10,840 to 20,390."#ETHETFsApproved
#SHIBCOIN #shiba⚡ #Shibainuholder #Shibalnu
" Investors who buy a large amount of Shiba Inu (SHIB) coins, like $10,000 or $100,000 worth, hope to see their investment grow to $10 million if the price goes up enough. SHIB has gotten popular recently, causing its price to jump sometimes. This is because it did very well in the past, turning a small investment of $12 into $1 million in just over a year. People think it could happen again because the team behind SHIB is building a strong ecosystem and burning tokens, which reduces the supply. Recently, the price went up 370% in just 10 days, reaching a high point of $0.000045. Now, investors are buying more SHIB, hoping it will go up even more. Analysts think it will keep going up, and investors want to know how high it needs to go for their investment to reach $1 million. Interestingly, the number of people holding a large amount of SHIB (between $10,000 and $100,000) has doubled since January, from 10,840 to 20,390."#ETHETFsApproved
$SHIB A Strong Bullish candle is creating It's a Good Sign for $SHIB holders Earn More.. If All the Investor's in #shiba⚡ don't panic then they earn more buy just holding it for one month .. Analysis... According to crypto Experts #shib will give 35x in next upcoming month and shib market is becoming more strong and powerful after day by day. Patience Always pays you more and better. If you like it.. Don't forget to (Like' share& Follow) #shiba⚡ #Shibainuholder #MemeWatch2024
$SHIB
A Strong Bullish candle is creating
It's a Good Sign for $SHIB holders
Earn More..
If All the Investor's in #shiba⚡ don't panic then they earn more buy just holding it for one month ..
Analysis...
According to crypto Experts #shib will give 35x in next upcoming month and shib market is becoming more strong and powerful after day by day.
Patience Always pays you more and better.
If you like it..
Don't forget to (Like' share& Follow)
#shiba⚡ #Shibainuholder #MemeWatch2024
$SHIB best time to download shib inu is go to 10× profit you want to buy coin shib is best opportunity for your profit in 1 day#Shibainuholder
$SHIB best time to download shib inu is go to 10× profit you want to buy coin shib is best opportunity for your profit in 1 day#Shibainuholder
Hi Guys, It's BIG & BIG #alert About 12 Million $SHIB Rate 867% Jump !! Follow MeX. Shiba Inu (SHIB) Torches 12 Million Tokens Amid 867% Burn Rate Jump Shiba Inu (SHIB) burn rate soars 867% in price reboot attempt Shiba Inu (SHIB) is changing its growth strategies amid the broader uncertainty and twists of the market. Amid a slip in its price, Shiba Inu has seen a visible uptick in its deflationary metric, the burn rate. At the time of writing, the burn rate is up by 867.78% with a total of 12,688,018 SHIB sent to dead wallets. By dollar valuation, the 12 million SHIB burnt might be small, however, it marks a story of consistency within the meme coin community. Consistency like this is deemed a pivotal key to achieving its goals of deflating the supply of the digital currency. The latest SHIB removed from circulation has fueled the drop in the total Shiba Inu incinerated to date to 12,688,018 SHIB tokens. Additionally, the Shiba Inu left in circulation is now pegged at 583,076,408,841,878 SHIB, showing a steady growth in deflation overall. The burnt SHIB has several implications for the meme coin, with the ultimate endgame being its contribution to the token’s price growth. However, at the time of writing, Shiba Inu is in a bearish or reverse mode with a 6.57% slump in 24 hours to $0.0000238 despite a surge in netflow. This negative growth trend aligns with general market sentiment despite derailing SHIB’s growth toward the $0.00003 price mark. With this turn of events, market observers are keen on seeing where the latest burn rate will crest and whether or not it can influence the price performance of the token moving forward. It is worth noting that the presence of ShibaSwap is increasing the odds of a transaction boom as well as an increase in the total tokens sent to the burn address. #EarnFreeCrypto2024 #MemeWatch2024 #PEPE‏ #Shibainuholder
Hi Guys,

It's BIG & BIG #alert About 12 Million $SHIB Rate 867% Jump !!

Follow MeX.

Shiba Inu (SHIB) Torches 12 Million Tokens Amid 867% Burn Rate Jump

Shiba Inu (SHIB) burn rate soars 867% in price reboot attempt

Shiba Inu (SHIB) is changing its growth strategies amid the broader uncertainty and twists of the market.

Amid a slip in its price, Shiba Inu has seen a visible uptick in its deflationary metric, the burn rate. At the time of writing, the burn rate is up by 867.78% with a total of 12,688,018 SHIB sent to dead wallets.

By dollar valuation, the 12 million SHIB burnt might be small, however, it marks a story of consistency within the meme coin community.

Consistency like this is deemed a pivotal key to achieving its goals of deflating the supply of the digital currency.

The latest SHIB removed from circulation has fueled the drop in the total Shiba Inu incinerated to date to 12,688,018 SHIB tokens.

Additionally, the Shiba Inu left in circulation is now pegged at 583,076,408,841,878 SHIB, showing a steady growth in deflation overall.

The burnt SHIB has several implications for the meme coin, with the ultimate endgame being its contribution to the token’s price growth.

However, at the time of writing, Shiba Inu is in a bearish or reverse mode with a 6.57% slump in 24 hours to $0.0000238 despite a surge in netflow.

This negative growth trend aligns with general market sentiment despite derailing SHIB’s growth toward the $0.00003 price mark.

With this turn of events, market observers are keen on seeing where the latest burn rate will crest and whether or not it can influence the price performance of the token moving forward.

It is worth noting that the presence of ShibaSwap is increasing the odds of a transaction boom as well as an increase in the total tokens sent to the burn address.

#EarnFreeCrypto2024 #MemeWatch2024 #PEPE‏ #Shibainuholder
### 🚀 Why is Elon Musk Interested in Meme Coins Like Doge? 🚀 ### My Investment Journey: I invested $100 in Bitcoin and $100 in a meme coin. When Bitcoin had a small pump, I made $113, but with the meme coin, I made $146! This shows that a $100 investment in meme coins can yield significant returns 🤑. ### Recent Success: I recently earned $20,000 from a single trade 🔥🐳. Here's how you can also profit by trading meme coins: ### My Strategy: - **Initial Investment**: I started with just $100 as a teenager. - **Analysis**: I always analyze Bitcoin first, then meme coins. I determine my entry and exit points, support and resistance levels, and set take-profit (TP) and stop-loss (SL) targets. - **Execution**: You need to do the same. With a $100 investment in meme coins, you could see shocking returns, often 10x higher than investing in Bitcoin or ETH. - **Market Behavior**: When Bitcoin pumps, meme coins pump even higher. Make the right entry based on Bitcoin's recent market behavior and updates on meme coins. ### My Portfolio: - **$PEPE ** - **SHIB** ### Focus on Shiba Inu (SHIB): 1. **Project Details**: - Shiba Inu (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous group using the pseudonym "Ryoshi". - It was introduced as a potential 'Dogecoin competitor'. 2. **Latest Price Trends**: - The current price of SHIB is $0.0000257. 3. **Potential Price Forecasts**: - Investors can expect SHIB to rally 25% and reach the $0.0000315 resistance level. - The price is likely to increase as the Ethereum spot ETF approval news progresses. This presents a good opportunity for investors to accumulate SHIB before it potentially shoots up. **Investment Potential**: Meme coins can provide significant returns. - **Strategy**: Analyze market trends and make informed entry and exit points. - **Portfolio**: Consider including coins like PEPE and $SHIB . 👍 Like | 💬 Comment | ↪️ Share 🚀 🔥 Follow @cryptoalerts on Binance Square! 🚀🔥 #PEPE‏ #Shibainuholder
### 🚀 Why is Elon Musk Interested in Meme Coins Like Doge? 🚀

### My Investment Journey:

I invested $100 in Bitcoin and $100 in a meme coin. When Bitcoin had a small pump, I made $113, but with the meme coin, I made $146! This shows that a $100 investment in meme coins can yield significant returns 🤑.

### Recent Success:

I recently earned $20,000 from a single trade 🔥🐳. Here's how you can also profit by trading meme coins:

### My Strategy:

- **Initial Investment**: I started with just $100 as a teenager.
- **Analysis**: I always analyze Bitcoin first, then meme coins. I determine my entry and exit points, support and resistance levels, and set take-profit (TP) and stop-loss (SL) targets.
- **Execution**: You need to do the same. With a $100 investment in meme coins, you could see shocking returns, often 10x higher than investing in Bitcoin or ETH.
- **Market Behavior**: When Bitcoin pumps, meme coins pump even higher. Make the right entry based on Bitcoin's recent market behavior and updates on meme coins.

### My Portfolio:

- **$PEPE **
- **SHIB**

### Focus on Shiba Inu (SHIB):

1. **Project Details**:
- Shiba Inu (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous group using the pseudonym "Ryoshi".
- It was introduced as a potential 'Dogecoin competitor'.

2. **Latest Price Trends**:
- The current price of SHIB is $0.0000257.

3. **Potential Price Forecasts**:
- Investors can expect SHIB to rally 25% and reach the $0.0000315 resistance level.
- The price is likely to increase as the Ethereum spot ETF approval news progresses. This presents a good opportunity for investors to accumulate SHIB before it potentially shoots up.

**Investment Potential**: Meme coins can provide significant returns.
- **Strategy**: Analyze market trends and make informed entry and exit points.
- **Portfolio**: Consider including coins like PEPE and $SHIB .

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#PEPE‏ #Shibainuholder
**Shiba Inu (SHIB) Coin History and Future** **History:** 1. **Launch and Early Days (August 2020):** - Shiba Inu was created in August 2020 by an anonymous person or group known as "Ryoshi." - The coin is named after the Shiba Inu dog breed, similar to Dogecoin, and it markets itself as the "Dogecoin Killer." 2. **Initial Popularity:** - SHIB gained initial popularity due to its meme status, similar to Dogecoin, and its low price, making it accessible to a wide range of investors. - Its community-driven approach, with a strong presence on social media platforms like Twitter and Reddit, helped it gain traction. 3. **Vitalik Buterin and the India COVID-Crypto Relief Fund:** - In May 2021, Vitalik Buterin, the co-founder of Ethereum, was given a large portion of SHIB supply by its creators. - Buterin burned 90% of his SHIB holdings and donated the remaining 10% to the India COVID-Crypto Relief Fund, which drew significant media attention to the coin. 4. **ShibaSwap Launch (July 2021):** - The launch of ShibaSwap, a decentralized exchange, was a significant milestone. It allowed users to trade, stake, and earn rewards using SHIB and other tokens in the Shiba Inu ecosystem. 5. **Listings on Major Exchanges:** - SHIB’s listing on major cryptocurrency exchanges like Binance, Coinbase, and Kraken provided greater liquidity and accessibility, boosting its profile and market cap. **Future Prospects:** 1. **Ecosystem Development:** - The Shiba Inu project aims to build a comprehensive ecosystem, including ShibaSwap, Shibarium (a proposed layer-2 blockchain solution), and other ventures like NFTs and the Shiba Inu Incubator. 2. **Community and Social Media Influence:** - The strong and active community behind SHIB continues to be a driving force. Social media campaigns and community initiatives can significantly influence its price and adoption. #shiba⚡ #altcoins #Shibainuholder $SHIB
**Shiba Inu (SHIB) Coin History and Future**

**History:**

1. **Launch and Early Days (August 2020):**
- Shiba Inu was created in August 2020 by an anonymous person or group known as "Ryoshi."
- The coin is named after the Shiba Inu dog breed, similar to Dogecoin, and it markets itself as the "Dogecoin Killer."

2. **Initial Popularity:**
- SHIB gained initial popularity due to its meme status, similar to Dogecoin, and its low price, making it accessible to a wide range of investors.
- Its community-driven approach, with a strong presence on social media platforms like Twitter and Reddit, helped it gain traction.

3. **Vitalik Buterin and the India COVID-Crypto Relief Fund:**
- In May 2021, Vitalik Buterin, the co-founder of Ethereum, was given a large portion of SHIB supply by its creators.
- Buterin burned 90% of his SHIB holdings and donated the remaining 10% to the India COVID-Crypto Relief Fund, which drew significant media attention to the coin.

4. **ShibaSwap Launch (July 2021):**
- The launch of ShibaSwap, a decentralized exchange, was a significant milestone. It allowed users to trade, stake, and earn rewards using SHIB and other tokens in the Shiba Inu ecosystem.

5. **Listings on Major Exchanges:**
- SHIB’s listing on major cryptocurrency exchanges like Binance, Coinbase, and Kraken provided greater liquidity and accessibility, boosting its profile and market cap.

**Future Prospects:**

1. **Ecosystem Development:**
- The Shiba Inu project aims to build a comprehensive ecosystem, including ShibaSwap, Shibarium (a proposed layer-2 blockchain solution), and other ventures like NFTs and the Shiba Inu Incubator.

2. **Community and Social Media Influence:**
- The strong and active community behind SHIB continues to be a driving force. Social media campaigns and community initiatives can significantly influence its price and adoption.

#shiba⚡ #altcoins #Shibainuholder $SHIB
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