๐ฐ 07/02/2025 - $SHIB: WHAT TO EXPECT? ๐๐ถ
๐ After a considerable drop, more than 57% of SHIB holders are in the โredโ, but donโt worry, this is still better than the record of 90% in September 2023! Itโs not a great scenario, but there is room for recovery. ๐ฝ๐ฅ
๐น 10 wallets control 61% of the SHIB supply:
๐ This can be both good and bad. If these wallets decide to sell in large quantities, the price could plummet. But if they buy more SHIB, this could be a positive sign for the market! ๐๐ฐ
๐น Good news from Shibarium!
๐ Transactions on Shibarium have reached 900 million, showing that SHIB layer 2 is growing and being well used. This could lead to more adoption and adoption for SHIB, which is great for the long term! ๐ฅ
๐น Collaboration with the UAE Ministry of Energy and Infrastructure:
๐ SHIB is now connecting with a global government, which gives it credibility and potential for more institutional adoption! ๐๐ก
๐น Conclusion
SHIB has the potential to recover, especially with Shibarium growing and new partnerships. But there is also a risk of large wallet movements influencing the price. Keep an eye on the market and always manage your risk! โ ๏ธ๐
๐ฌ What do you think of SHIB? Have you invested or are you waiting for a recovery movement? Comment below! ๐ฅ๐๐พ$SHIB
๐ After a considerable drop, more than 57% of SHIB holders are in the โredโ, but donโt worry, this is still better than the record of 90% in September 2023! Itโs not a great scenario, but there is room for recovery. ๐ฝ๐ฅ
๐น 10 wallets control 61% of the SHIB supply:
๐ This can be both good and bad. If these wallets decide to sell in large quantities, the price could plummet. But if they buy more SHIB, this could be a positive sign for the market! ๐๐ฐ
๐น Good news from Shibarium!
๐ Transactions on Shibarium have reached 900 million, showing that SHIB layer 2 is growing and being well used. This could lead to more adoption and adoption for SHIB, which is great for the long term! ๐ฅ
๐น Collaboration with the UAE Ministry of Energy and Infrastructure:
๐ SHIB is now connecting with a global government, which gives it credibility and potential for more institutional adoption! ๐๐ก
๐น Conclusion
SHIB has the potential to recover, especially with Shibarium growing and new partnerships. But there is also a risk of large wallet movements influencing the price. Keep an eye on the market and always manage your risk! โ ๏ธ๐
๐ฌ What do you think of SHIB? Have you invested or are you waiting for a recovery movement? Comment below! ๐ฅ๐๐พ$SHIB