Guys, I have a question about something I've seen. Simply by observation, I noticed that prices usually drop at night and tend to rise in the morning. I don't know what explanation there might be for this, or maybe I just misunderstood and this doesn't happen, but being new, I misunderstood it.
Hello everyone, I am completely new to this world and my idea is to invest a fixed amount of money weekly per month. I am looking for advice or tips for beginners in case someone wants to share their knowledge with me, thank you very much :)
The Meteoric Rise of Shiba Inu: Revealing Profit Strategies Amid the Rise🤯💥📈 Shiba Inu (SHIB) has witnessed a remarkable 135.23% surge in just one week, attributed to the fervent support of the 'Shiba Army' community and strategic token burning initiatives. Operating on Ethereum, SHIB offers scalability and diverse use cases, including NFTs and donations for real Shiba Inu dog rescues. Investors employing dollar-cost averaging (DCA) have made substantial profits, using market volatility to their advantage since the inception of SHIB. One notable event was the transfer of 3 billion SHIB tokens, valued at approximately $49.9 million, indicating possible changes in token price dynamics, as previously discussed on ETHNews. Whale Alert, a platform that tracks crypto movements, detected a significant SHIB transfer, resulting in a 70% price increase in 24 hours, indicating bullish sentiment. Despite its humble beginnings in January 2021, SHIB's affordability attracted many investors, contributing to its meteoric rise and current 11th position in market capitalization. While it saw a minor drop of 1.73% in the last 24 hours, SHIB's overall trajectory remains positive, with substantial gains over the past week and month, driven by increased token burning activity. Technical analysis suggests possible breakout patterns on the SHIB/USD chart, supported by rising burn rates, indicating increased community participation and possible price appreciation. Price Update: The current price of SHIB stands at $0.00002221, marking a weekly increase of 135.23% and a monthly increase of 151.38%, according to COinmarketCap.