SHIB
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Jump into the vibrant world of #SHIB! Explore the thriving Shiba Inu community, where innovation meets investment. Whether you're following SHIB's latest trends or diving into its expansive ecosystem, there's always something exciting to discover. Connect with fellow enthusiasts, share insights, and stay updated with #SHIB. Join the conversation and be part of the movement!
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Will Shiba Inu (SHIB) Lead The Memecoin Bull Run?
Will Shiba Inu (SHIB) Lead The Memecoin Bull Run?
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
Shiba Inu (SHIB) has built momentum this week following an increase in burn rates and whale transactions amid other factors.
Shiba Inu (SHIB) is igniting bullish interest in the cryptocurrency market following a wave of positive on-chain factors spurring price growth.
At press time, SHIB trades at 0.0000227, an 8% increase this week despite facing slight short-term corrections.
The uphill rally in SHIB and memecoins has been tipped by multiple traders on social media spaces as ushering in the next market bull phase. Shiba Inu’s market capitalization stands over $13.4 billion with daily trading volumes almost at $400 million.
Shiba Inu recorded surging transactions alongside its price uptick. The memecoin notched an increase in daily volumes and new active accounts on the back of network upgrades.
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
#Bitcoin #Ethereum #SHIB #ShibaInu $SHIB
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
Shiba Inu (SHIB) has built momentum this week following an increase in burn rates and whale transactions amid other factors.
Shiba Inu (SHIB) is igniting bullish interest in the cryptocurrency market following a wave of positive on-chain factors spurring price growth.
At press time, SHIB trades at 0.0000227, an 8% increase this week despite facing slight short-term corrections.
The uphill rally in SHIB and memecoins has been tipped by multiple traders on social media spaces as ushering in the next market bull phase. Shiba Inu’s market capitalization stands over $13.4 billion with daily trading volumes almost at $400 million.
Shiba Inu recorded surging transactions alongside its price uptick. The memecoin notched an increase in daily volumes and new active accounts on the back of network upgrades.
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
#Bitcoin #Ethereum #SHIB #ShibaInu $SHIB
Top Analyst Predicts 1,000% Shiba Inu (SHIB) Rocket Rally. Here’s when
Recent predictions from prominent figures within the crypto space paint a contrasting picture of SHIB’s future trajectory. While some analysts believe a massive surge is imminent, others expect a longer timeline, while some believe the meme coin’s price will fall.
Optimistic Forecasts for Shiba Inu (SHIB)
Valeriya (@valeriyaApex), a well-respected crypto trader, caused a stir with her bold prediction of a potential 1,000% surge for Shiba Inu by the end of June 2024. She listed the meme coin and four others as cryptocurrencies that could climb by 10x in June, and this would send SHIB to $0.0002141 from its current price of $0.00002141.
This target is significantly higher than SHIB’s all-time high of $0.00008845 and hard for some to envision, considering the meme coin’s 5.93% 24-hour decline.
Shiba Inu has exhibited remarkable resilience in the face of a recent market downturn. The token has held steady around the $0.00002 mark. Even with the steep 24-hour decline, the meme coin has stayed above that level. This stability, coupled with a minimal overall loss compared to the previous month, suggests a potential base for future growth.
Dissenting Opinions On SHIB’s Future
SHIB Knight (@army_shiba), another prominent analyst, offers a more tempered yet intriguing forecast. Although he also believes the meme coin will breach its all-time high, he set a lower target of $0.0001.
While Valeriya and SHIB Knight are optimistic about SHIB’s future, The Don of Apes (TheDonOfApes), a prominent crypto analyst, believes the meme coin’s price is about to drop. Although he predicts a decline to $0.00001822, he believes this will present a lucrative buying opportunity.
A recent analysis of SHIB’s Bollinger Bands shows a potential bullish reversal. After its prolonged consolidation around the $0.00002 level, the bullish momentum shown by its Bollinger Bands could lead to a massive breakout. After the surge of almost 400% in March, the multiple bullish indicators and bullish optimism could help SHIB recreate or even surpass this surge.
The possibility of a 1,000% surge for Shiba Inu is captivating. However, it’s crucial to acknowledge the difficulty of such a rapid price increase within a short timeframe. Nevertheless, SHIB’s past performance and ongoing ecosystem developments paint a picture of a potentially promising future for the meme coin.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInu #SHIB
Optimistic Forecasts for Shiba Inu (SHIB)
Valeriya (@valeriyaApex), a well-respected crypto trader, caused a stir with her bold prediction of a potential 1,000% surge for Shiba Inu by the end of June 2024. She listed the meme coin and four others as cryptocurrencies that could climb by 10x in June, and this would send SHIB to $0.0002141 from its current price of $0.00002141.
This target is significantly higher than SHIB’s all-time high of $0.00008845 and hard for some to envision, considering the meme coin’s 5.93% 24-hour decline.
Shiba Inu has exhibited remarkable resilience in the face of a recent market downturn. The token has held steady around the $0.00002 mark. Even with the steep 24-hour decline, the meme coin has stayed above that level. This stability, coupled with a minimal overall loss compared to the previous month, suggests a potential base for future growth.
Dissenting Opinions On SHIB’s Future
SHIB Knight (@army_shiba), another prominent analyst, offers a more tempered yet intriguing forecast. Although he also believes the meme coin will breach its all-time high, he set a lower target of $0.0001.
While Valeriya and SHIB Knight are optimistic about SHIB’s future, The Don of Apes (TheDonOfApes), a prominent crypto analyst, believes the meme coin’s price is about to drop. Although he predicts a decline to $0.00001822, he believes this will present a lucrative buying opportunity.
A recent analysis of SHIB’s Bollinger Bands shows a potential bullish reversal. After its prolonged consolidation around the $0.00002 level, the bullish momentum shown by its Bollinger Bands could lead to a massive breakout. After the surge of almost 400% in March, the multiple bullish indicators and bullish optimism could help SHIB recreate or even surpass this surge.
The possibility of a 1,000% surge for Shiba Inu is captivating. However, it’s crucial to acknowledge the difficulty of such a rapid price increase within a short timeframe. Nevertheless, SHIB’s past performance and ongoing ecosystem developments paint a picture of a potentially promising future for the meme coin.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInu #SHIB
Shiba Inu SHIB on the Verge of a Breakout? 🌟
The meme token Shiba Inu $SHIB is nearing a crucial support level at its 200-day EMA. If SHIB can hold above this level, we might see a major price reversal. Positive ecosystem developments and increased interest from institutional investors could drive this momentum.
Stay tuned for potential market moves and always do your own research before investing!
$BNB $DOGE
#Crypto #SHIB #ShibaInu #CryptoInvesting #MarketTrends
The meme token Shiba Inu $SHIB is nearing a crucial support level at its 200-day EMA. If SHIB can hold above this level, we might see a major price reversal. Positive ecosystem developments and increased interest from institutional investors could drive this momentum.
Stay tuned for potential market moves and always do your own research before investing!
$BNB $DOGE
#Crypto #SHIB #ShibaInu #CryptoInvesting #MarketTrends
Shiba Inu was featured in Forbes magazine as an influential digital currency
🔸 Forbes magazine introduced Shiba Inu (SHIB) meme coin as an influential and leading digital currency in the digital currency industry. The magazine highlighted the significant development of the Shiba Inu ecosystem and its significant achievements in cooperation with technology companies such as Zama. The Forbes article described Shiba Inu as a paradigm for memecoins that are creating real-world applications and revolutionizing the industry. It is worth mentioning that Shiba Inu is the second largest meme coin in terms of market value and has experienced significant growth recently.
#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #SHIB $SHIB
🔸 Forbes magazine introduced Shiba Inu (SHIB) meme coin as an influential and leading digital currency in the digital currency industry. The magazine highlighted the significant development of the Shiba Inu ecosystem and its significant achievements in cooperation with technology companies such as Zama. The Forbes article described Shiba Inu as a paradigm for memecoins that are creating real-world applications and revolutionizing the industry. It is worth mentioning that Shiba Inu is the second largest meme coin in terms of market value and has experienced significant growth recently.
#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #SHIB $SHIB
🚀🚀🚀Crypto researcher expects big bull run for Shiba Inu
A Bangkok-based cryptocurrency specialist and technical analyst predicted a bright future for Shiba Inu (SHIB) in a recent social media study. This meme currency should start rising shortly. This projection is significant for SHIB since current market dynamics have investors worried about token devaluation.
Inu's experience demonstrates the platform's previous tendencies, notably those early after its inception. SHIB token prices and returns skyrocketed in the first half of 2021. After then, the company's worth fluctuated, typically falling.
Analysts also noted SHIB's market problems and cited The Don of Apes' prediction that the token might sink below $0.00002 or $0.00001822. Most investors believe this downturn is a good moment for long-term investors and stakeholders to acquire SHIB tokens at a discount.
Shiba Inu's history data shows large oscillations followed by severe declines. The token flew over the ceiling in 2021, appreciating 370% from February 24 to March 5, and a new annual high above $0.000045 was breached. A significant decrease in SHIB followed, yet the currency remained higher than before the rise.
Coach K said that Shiba Inu dropped 80% and was selling at $0.00000698 following a significant price increase on May 22, 2021. This started the months-long downward trend. In late September 2021, there were rumors that this meme currency was exiting the negative zone and entering the bullish market. This caused it to reach a record $0.00008845 in October.
Coach K anticipates Shiba Inu to rebound like in 2021 following summer, even if it is still bearish. He calls the predicted surge the “real bull” phase. Although Coach K has not set specific price targets, some cryptocurrency celebrities, such as media personality Eljaboom, think that the next bull run might push $Shib to $0.00024 or even higher.
This review sheds light on Shiba Inu's future and the bitcoin market's cyclical nature. Most times, prior patterns may anticipate future moves.
#SHIB $SHIB
A Bangkok-based cryptocurrency specialist and technical analyst predicted a bright future for Shiba Inu (SHIB) in a recent social media study. This meme currency should start rising shortly. This projection is significant for SHIB since current market dynamics have investors worried about token devaluation.
Inu's experience demonstrates the platform's previous tendencies, notably those early after its inception. SHIB token prices and returns skyrocketed in the first half of 2021. After then, the company's worth fluctuated, typically falling.
Analysts also noted SHIB's market problems and cited The Don of Apes' prediction that the token might sink below $0.00002 or $0.00001822. Most investors believe this downturn is a good moment for long-term investors and stakeholders to acquire SHIB tokens at a discount.
Shiba Inu's history data shows large oscillations followed by severe declines. The token flew over the ceiling in 2021, appreciating 370% from February 24 to March 5, and a new annual high above $0.000045 was breached. A significant decrease in SHIB followed, yet the currency remained higher than before the rise.
Coach K said that Shiba Inu dropped 80% and was selling at $0.00000698 following a significant price increase on May 22, 2021. This started the months-long downward trend. In late September 2021, there were rumors that this meme currency was exiting the negative zone and entering the bullish market. This caused it to reach a record $0.00008845 in October.
Coach K anticipates Shiba Inu to rebound like in 2021 following summer, even if it is still bearish. He calls the predicted surge the “real bull” phase. Although Coach K has not set specific price targets, some cryptocurrency celebrities, such as media personality Eljaboom, think that the next bull run might push $Shib to $0.00024 or even higher.
This review sheds light on Shiba Inu's future and the bitcoin market's cyclical nature. Most times, prior patterns may anticipate future moves.
#SHIB $SHIB
Checking out the $SHIB market on Binance!
There's some volatility, but overall, a slight uptrend is emerging. Currently, the price is encountering resistance around 0.00002084 USDT and finding support near 0.00002000 USDT.
The big question is whether SHIB will break through this resistance level or get pushed back again. Market watchers are keeping a close eye on the charts.
Will the bulls push through, or will the bears hold their ground?
#BinanceTournament #BinanceTournament #SHIB
There's some volatility, but overall, a slight uptrend is emerging. Currently, the price is encountering resistance around 0.00002084 USDT and finding support near 0.00002000 USDT.
The big question is whether SHIB will break through this resistance level or get pushed back again. Market watchers are keeping a close eye on the charts.
Will the bulls push through, or will the bears hold their ground?
#BinanceTournament #BinanceTournament #SHIB
Top Shiba Inu Holders Signal Bullish Sentiment with Reduced Exchange Holdings
The post "Top Shiba Inu Holders Signal Bullish Sentiment with Reduced Exchange Holdings" first appeared on 36crypto.com News.
Santiment, a leading blockchain analytics firm, reports a significant trend among the largest #ShibaInu holders. The top ten wallets notably reduced their coins from cryptocurrency exchanges, indicating medium- and long-term investment strategies and, as a result, an optimistic prognosis for the popular meme token.
Such a condition indicates that these whales will permanently maintain their Shiba Inu coins, a favorable sign for bullish traders. Since May 27, the overall number of Shiba Inu in the ten largest Shiba Inu wallets has decreased by 2.4%. This move demonstrates that the holder of the digital asset has high hopes for the total future Shiba Inu price and follows the bullish trend from the investors.
Similar Patterns Observed in Chainlink and Ethereum Holdings
The same has been witnessed in other cryptocurrencies, with Shad or Tez delegated tokens achieving this feat sometime back. According to Santiment, the same is true for others, such as #Chainlink's (LINK) and #Ethereum (ETH), where the top 10 wallets have also decreased their exchange supply. For LINK, the decrease since May 27 is 2.9%, while ETH is a significant 8.6%. These reductions suggest that top holders are transferring their assets to private wallets for long-term holding, reflecting increased confidence in the future prices of these digital assets.
However, in the last seven days, there has been a dip in SHIB, ETH, and LINK prices despite the positive indications of the bulls. The reduction in SHIB was as follows: based on the statistics from Coinstats, the coin lost 15.1%, ETH by 8.2%, and LINK by 11.9%. In the last month, the price drop for SHIB was 7.6%, while ETH and LINK were up by 20.6% and 18. 4%, respectively. These performance metrics suggest that, despite short-term volatility, there are expectations of potential gains for ETH and LINK in the future.
Increased Shiba Inu Burns Could Boost Demand
Also, the burn rate of #SHIB is increasing, which means there is a good chance the demand for the second-largest memecoin by market cap is about to increase. A higher turnover in the burning of SHIB tokens also reduces the tiring supply, which, if complemented by high demand, could see an uptick in its value.
In conclusion, a decrease in the SHIB supply on exchanges by large addresses combined with the same processes concerning Chainlink and Ethereum indicates that the well-known coins have higher chances of price increase. The shift from short-term positions also points to a growing optimism regarding the long-run prospects of these digital assets. Other burn events continue to rise, particularly the newly launched Shiba Inu, indicating an increasing demand and value.
Santiment, a leading blockchain analytics firm, reports a significant trend among the largest #ShibaInu holders. The top ten wallets notably reduced their coins from cryptocurrency exchanges, indicating medium- and long-term investment strategies and, as a result, an optimistic prognosis for the popular meme token.
Such a condition indicates that these whales will permanently maintain their Shiba Inu coins, a favorable sign for bullish traders. Since May 27, the overall number of Shiba Inu in the ten largest Shiba Inu wallets has decreased by 2.4%. This move demonstrates that the holder of the digital asset has high hopes for the total future Shiba Inu price and follows the bullish trend from the investors.
Similar Patterns Observed in Chainlink and Ethereum Holdings
The same has been witnessed in other cryptocurrencies, with Shad or Tez delegated tokens achieving this feat sometime back. According to Santiment, the same is true for others, such as #Chainlink's (LINK) and #Ethereum (ETH), where the top 10 wallets have also decreased their exchange supply. For LINK, the decrease since May 27 is 2.9%, while ETH is a significant 8.6%. These reductions suggest that top holders are transferring their assets to private wallets for long-term holding, reflecting increased confidence in the future prices of these digital assets.
However, in the last seven days, there has been a dip in SHIB, ETH, and LINK prices despite the positive indications of the bulls. The reduction in SHIB was as follows: based on the statistics from Coinstats, the coin lost 15.1%, ETH by 8.2%, and LINK by 11.9%. In the last month, the price drop for SHIB was 7.6%, while ETH and LINK were up by 20.6% and 18. 4%, respectively. These performance metrics suggest that, despite short-term volatility, there are expectations of potential gains for ETH and LINK in the future.
Increased Shiba Inu Burns Could Boost Demand
Also, the burn rate of #SHIB is increasing, which means there is a good chance the demand for the second-largest memecoin by market cap is about to increase. A higher turnover in the burning of SHIB tokens also reduces the tiring supply, which, if complemented by high demand, could see an uptick in its value.
In conclusion, a decrease in the SHIB supply on exchanges by large addresses combined with the same processes concerning Chainlink and Ethereum indicates that the well-known coins have higher chances of price increase. The shift from short-term positions also points to a growing optimism regarding the long-run prospects of these digital assets. Other burn events continue to rise, particularly the newly launched Shiba Inu, indicating an increasing demand and value.
Checking out the $SHIB market on Binance!
Looks like we've got some ups and downs, but overall, there's a slight uptrend happening.
Price seems to be finding resistance around 0.00002084 USDT and support around 0.00002000 USDT
#SHIB #BinanceTournament #ETHETFsApproved
Looks like we've got some ups and downs, but overall, there's a slight uptrend happening.
Price seems to be finding resistance around 0.00002084 USDT and support around 0.00002000 USDT
#SHIB #BinanceTournament #ETHETFsApproved
🚨 Urgent Update: Meme Coins #PEPE , #SHIB , and DOGE 🚨
Why PEPE Could Be the Best Asset of the Next Bull Run
Overview
PEPE is emerging as one of the standout meme coins, poised for significant gains in the next bull run.
Meme Coins:
Historically, meme coins like DOGE and SHIB have shown explosive growth during bull markets.
Key Points
Performance: PEPE has been the top-performing meme token in recent months, surging over 1000% in the last six months.
Market Sentiment:
Macro scale indicators suggest a bullish trend this year, favorable for meme coins.
Historical Context
Past Bull Runs:
During the last bull run, DOGE and SHIB experienced massive surges. PEPE is expected to follow a similar trajectory.
Bitcoin Halving:
Historically, Bitcoin halving events have positively impacted the entire cryptocurrency market, including meme coins.
#XaiVanguardGenesis
🚀 Xai Vanguard: Revolutionizing Blockchain Gaming! 🎮
🌟 What is Xai Vanguard?
Xai Vanguard is set to transform the gaming world by becoming the top game in the blockchain space! It’s developed by Offchain Labs using Arbitrum technology.
🏆 Key Features:
1. Real Economies in Games:
Enables billions of gamers to own and trade valuable in-game items without needing crypto-wallets.
2. Support the Network:
Operate a node to receive rewards and participate in governance.
🔥 Vanguard League:
Currently a channel in the Xai Discord community.
Expected to become a gaming league named Vanguard.
Those with the Vanguard role will have a head start in the League.
🌐 Seamless Blockchain Integration:
Gamers will interact with blockchain tech and NFTs without realizing it.
Aimed at overcoming the adoption barrier of creating and managing crypto-wallets.
💰 XAI Token Uses:
1. Gas Token:
Facilitates transactions on the Xai blockchain.
2. Validator Rewards:
Rewards for nodes validating transactions.
3. Gaming Payments:
Accepted as payment within the gaming ecosystem.
#XaiVanguardGenesis
#XAI
@XAI_GAMES
$XAI $DOGE $PEPE
Why PEPE Could Be the Best Asset of the Next Bull Run
Overview
PEPE is emerging as one of the standout meme coins, poised for significant gains in the next bull run.
Meme Coins:
Historically, meme coins like DOGE and SHIB have shown explosive growth during bull markets.
Key Points
Performance: PEPE has been the top-performing meme token in recent months, surging over 1000% in the last six months.
Market Sentiment:
Macro scale indicators suggest a bullish trend this year, favorable for meme coins.
Historical Context
Past Bull Runs:
During the last bull run, DOGE and SHIB experienced massive surges. PEPE is expected to follow a similar trajectory.
Bitcoin Halving:
Historically, Bitcoin halving events have positively impacted the entire cryptocurrency market, including meme coins.
#XaiVanguardGenesis
🚀 Xai Vanguard: Revolutionizing Blockchain Gaming! 🎮
🌟 What is Xai Vanguard?
Xai Vanguard is set to transform the gaming world by becoming the top game in the blockchain space! It’s developed by Offchain Labs using Arbitrum technology.
🏆 Key Features:
1. Real Economies in Games:
Enables billions of gamers to own and trade valuable in-game items without needing crypto-wallets.
2. Support the Network:
Operate a node to receive rewards and participate in governance.
🔥 Vanguard League:
Currently a channel in the Xai Discord community.
Expected to become a gaming league named Vanguard.
Those with the Vanguard role will have a head start in the League.
🌐 Seamless Blockchain Integration:
Gamers will interact with blockchain tech and NFTs without realizing it.
Aimed at overcoming the adoption barrier of creating and managing crypto-wallets.
💰 XAI Token Uses:
1. Gas Token:
Facilitates transactions on the Xai blockchain.
2. Validator Rewards:
Rewards for nodes validating transactions.
3. Gaming Payments:
Accepted as payment within the gaming ecosystem.
#XaiVanguardGenesis
#XAI
@XAI_GAMES
$XAI $DOGE $PEPE
🚨 4.29 Trillion SHIB Arrives on Coinbase: Dump Concerns Escalate 🚨
Coinbase recently received a massive 4.29 trillion Shiba Inu (SHIB) transfer, raising alarm among investors about a potential sell-off. The large influx of SHIB tokens has sparked fears of a market dump, which could significantly impact SHIB's price. As the situation unfolds, traders and holders are closely monitoring the market for signs of volatility. Despite the current concerns, the future of SHIB remains promising with ongoing developments and a strong community supporting its growth.
#SHIB #ShibaInu #Coinbase #CryptoNews #MarketWatchMay2024
$SHIB
Coinbase recently received a massive 4.29 trillion Shiba Inu (SHIB) transfer, raising alarm among investors about a potential sell-off. The large influx of SHIB tokens has sparked fears of a market dump, which could significantly impact SHIB's price. As the situation unfolds, traders and holders are closely monitoring the market for signs of volatility. Despite the current concerns, the future of SHIB remains promising with ongoing developments and a strong community supporting its growth.
#SHIB #ShibaInu #Coinbase #CryptoNews #MarketWatchMay2024
$SHIB
#SHIB toooooo the mooooooooon!!!!
LIVEMR Crypto Raiyam
--
Big news!!!
All SHIB players, check this out!!!
#SHIB
Crypto experts and technical analysts from Bangkok have expressed optimism about the future of SHIB (Shiba Inu), predicting that the meme currency is about to rise.
Looking back at SHIB's history, the token's price and returns rose sharply in the first half of 2021, and despite volatility and occasional declines, its potential is still optimistic.
Analysts point out that although SHIB faces the risk of falling below $0.00002 or $0.00001822, the current market downturn provides long-term investors with a good opportunity to buy SHIB at a favorable price.
Historical data shows that SHIB often falls sharply after experiencing shocks, but it always rebounds strongly afterwards. For example, in 2021, SHIB appreciated by 370% in a short period of time, breaking the annual high. Despite the subsequent decline, the price is still higher than the level before the rise.
Coach K, a well-known figure in the cryptocurrency space, expects SHIB to rebound after the summer as it did in 2021, even though the market is currently bearish. He calls this predicted rise the "real bull run" phase.
Meanwhile, there is a view that the next bull run could push SHIB prices to $0.00024 or higher
#TopCoinsJune2024
All SHIB players, check this out!!!
#SHIB
Crypto experts and technical analysts from Bangkok have expressed optimism about the future of SHIB (Shiba Inu), predicting that the meme currency is about to rise.
Looking back at SHIB's history, the token's price and returns rose sharply in the first half of 2021, and despite volatility and occasional declines, its potential is still optimistic.
Analysts point out that although SHIB faces the risk of falling below $0.00002 or $0.00001822, the current market downturn provides long-term investors with a good opportunity to buy SHIB at a favorable price.
Historical data shows that SHIB often falls sharply after experiencing shocks, but it always rebounds strongly afterwards. For example, in 2021, SHIB appreciated by 370% in a short period of time, breaking the annual high. Despite the subsequent decline, the price is still higher than the level before the rise.
Coach K, a well-known figure in the cryptocurrency space, expects SHIB to rebound after the summer as it did in 2021, even though the market is currently bearish. He calls this predicted rise the "real bull run" phase.
Meanwhile, there is a view that the next bull run could push SHIB prices to $0.00024 or higher
#TopCoinsJune2024
📊NEUTRAL: $SHIB (1D)
#SHIBUSDT | #SHIB | #ShibaInu
Current Price $0.00
Market Cap $12.64B
Change 1h -0.24% | 24h -2.67%
Daily Indicators:
• RSI: 36 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.00 - Below 🔴
Analysis: SHIBUSDT 1D is approaching its support zone, suggesting a possible rebound. However, if support breaches, prices may fall to $0.00001830, aligning with the daily MA200.
Price Targets: A breakout could potentially take SHIB to $0.00002757, $0.00003184, $0.00003712, and ultimately $0.00004567.
$SHIB #DYOR
#SHIBUSDT | #SHIB | #ShibaInu
Current Price $0.00
Market Cap $12.64B
Change 1h -0.24% | 24h -2.67%
Daily Indicators:
• RSI: 36 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.00 - Below 🔴
Analysis: SHIBUSDT 1D is approaching its support zone, suggesting a possible rebound. However, if support breaches, prices may fall to $0.00001830, aligning with the daily MA200.
Price Targets: A breakout could potentially take SHIB to $0.00002757, $0.00003184, $0.00003712, and ultimately $0.00004567.
$SHIB #DYOR
LIQUIDATION DATA IN 24 HOURS
TOTAL LIQUIDATIONS: UP TO 211.59M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $51.03M
$ETH ~ $50.91M
$SOL ~ $12.65M
#DOGE ~ $7.46M
#SHIB ~ $6.09M
#Blockchain #DeFi #liquidation
TOTAL LIQUIDATIONS: UP TO 211.59M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $51.03M
$ETH ~ $50.91M
$SOL ~ $12.65M
#DOGE ~ $7.46M
#SHIB ~ $6.09M
#Blockchain #DeFi #liquidation
🔥🔥🔥🔥Shiba Inu (SHIB) burns above 3000%
Shiba Inu burns over 3000% as of June 12, 2024. The 24-hour burn consumed around 232 million SHIB tokens. The burn rate increased by 3010.53% to erase 232.64 million tokens, according to Shibburn. The action boosts $SHIB 's market price.
Three wallets stood out from the latest fire incident because community members contributed. The first wallet sent 225.63 million SHIB tokens to a defunct wallet. The other two wallets sent 3.18 and 1.69 million tokens. Moving tokens from a live wallet to a dead wallet reduces supply. Obviously, burning entailed numerous transactions.
It has not affected SHIB in 24 hours. The token is down 1.23% as of this writing. After 7 days and 30 days, it fell 15.82% and 1.78%, respectively. Market cap down 1.21%, 24-hour trading volume up 27.58%, topping $769,770,000. Current market cap is above $12 billion.
A token burning event generally boosts token value. This is new for SHIB. Since meme coin projections are optimistic, effects may appear later.
It should be worth $0.00002790 in 5 days and $0.00007004 in 30. A 226.25% increase from the present value would be a tremendous monthly leap. The Fear & Greed Index is 72 points below Greed, indicating pessimistic emotion. The 14-day RSI is 41.31, and volatility is 4.5%. In order, the 50-day and 200-day SMAs are $0.00002443 and $0.00001796, respectively.
Despite negative attitudes, SHIB cannot be written off at any moment. The dog-themed meme currency ranks 11th in cryptocurrencies and 2nd in meme coins by market valuation. Shiba Inu wants to host an ETF and dethrone Dogecoin ($DOGE).
A burn rate of 3000% is promising yet implies reducing supply to boost token value. Burning tokens is common in crypto, but it's still a factor.
Huge Win
Shiba Inu ($SHIB ) is rising. Research and risk evaluation are still advised before investing in SHIB or other cryptocurrencies.
#altcoins #SHIB $SHIB
Shiba Inu burns over 3000% as of June 12, 2024. The 24-hour burn consumed around 232 million SHIB tokens. The burn rate increased by 3010.53% to erase 232.64 million tokens, according to Shibburn. The action boosts $SHIB 's market price.
Three wallets stood out from the latest fire incident because community members contributed. The first wallet sent 225.63 million SHIB tokens to a defunct wallet. The other two wallets sent 3.18 and 1.69 million tokens. Moving tokens from a live wallet to a dead wallet reduces supply. Obviously, burning entailed numerous transactions.
It has not affected SHIB in 24 hours. The token is down 1.23% as of this writing. After 7 days and 30 days, it fell 15.82% and 1.78%, respectively. Market cap down 1.21%, 24-hour trading volume up 27.58%, topping $769,770,000. Current market cap is above $12 billion.
A token burning event generally boosts token value. This is new for SHIB. Since meme coin projections are optimistic, effects may appear later.
It should be worth $0.00002790 in 5 days and $0.00007004 in 30. A 226.25% increase from the present value would be a tremendous monthly leap. The Fear & Greed Index is 72 points below Greed, indicating pessimistic emotion. The 14-day RSI is 41.31, and volatility is 4.5%. In order, the 50-day and 200-day SMAs are $0.00002443 and $0.00001796, respectively.
Despite negative attitudes, SHIB cannot be written off at any moment. The dog-themed meme currency ranks 11th in cryptocurrencies and 2nd in meme coins by market valuation. Shiba Inu wants to host an ETF and dethrone Dogecoin ($DOGE).
A burn rate of 3000% is promising yet implies reducing supply to boost token value. Burning tokens is common in crypto, but it's still a factor.
Huge Win
Shiba Inu ($SHIB ) is rising. Research and risk evaluation are still advised before investing in SHIB or other cryptocurrencies.
#altcoins #SHIB $SHIB
Betting Big on Meme Coins for 15X Returns, Says Will Clemente
Meme coins, once considered a playful corner of the cryptocurrency world, are now seen as high-potential investments. Will Clemente, co-founder of Reflexivity Research, sees Meme tokens as a unique opportunity for massive gains, despite their inherent risks.
Clemente notes a significant shift in the crypto market. In 2020, high-beta altcoins were a plain way to outperform Bitcoin. Today, many of these altcoins have lost ground against Bitcoin, signaling a maturing market. “In 2020, you could invest in high-risk altcoins and watch them soar. Now, many altcoin-to-Bitcoin pairs have been declining for months,” Clemente says.
In contrast to the struggling altcoins, meme coins have been on a meteoric rise. According to Clemente, these coins reflect current market sentiment and the growing sophistication of investors.
“We’ve seen dramatic outperformance in AI coins, but meme coins have done even better,” he adds.
Meme coins typically have fair and transparent launches, releasing their entire supply at the start. This approach appeals to retail investors, offering them a more level playing field.
“Retail investors have a chance to capture significant gains, sometimes turning small investments into millions in days,” Clemente observes.
Clemente likens investing in meme coins to gambling, with minimal reliance on fundamentals. Despite this, they attract many, particularly younger investors seeking high returns in volatile markets.
“The average retail investor has a better chance of seeing 10x or 15x returns with meme coins,” he notes.
Clemente’s investment strategy balances stability and risk. He holds Bitcoin for its long-term potential, invests in stocks like Coinbase as a proxy for the crypto market, and actively trades meme coins. “My portfolio includes Bitcoin in cold storage, Coinbase for broader market exposure, and meme coins for active trading,” Clemente shares.
#DOGE #SHIB #PEPE #FLOKI #WIF $SHIB $PEPE $FLOKI
Meme coins, once considered a playful corner of the cryptocurrency world, are now seen as high-potential investments. Will Clemente, co-founder of Reflexivity Research, sees Meme tokens as a unique opportunity for massive gains, despite their inherent risks.
Clemente notes a significant shift in the crypto market. In 2020, high-beta altcoins were a plain way to outperform Bitcoin. Today, many of these altcoins have lost ground against Bitcoin, signaling a maturing market. “In 2020, you could invest in high-risk altcoins and watch them soar. Now, many altcoin-to-Bitcoin pairs have been declining for months,” Clemente says.
In contrast to the struggling altcoins, meme coins have been on a meteoric rise. According to Clemente, these coins reflect current market sentiment and the growing sophistication of investors.
“We’ve seen dramatic outperformance in AI coins, but meme coins have done even better,” he adds.
Meme coins typically have fair and transparent launches, releasing their entire supply at the start. This approach appeals to retail investors, offering them a more level playing field.
“Retail investors have a chance to capture significant gains, sometimes turning small investments into millions in days,” Clemente observes.
Clemente likens investing in meme coins to gambling, with minimal reliance on fundamentals. Despite this, they attract many, particularly younger investors seeking high returns in volatile markets.
“The average retail investor has a better chance of seeing 10x or 15x returns with meme coins,” he notes.
Clemente’s investment strategy balances stability and risk. He holds Bitcoin for its long-term potential, invests in stocks like Coinbase as a proxy for the crypto market, and actively trades meme coins. “My portfolio includes Bitcoin in cold storage, Coinbase for broader market exposure, and meme coins for active trading,” Clemente shares.
#DOGE #SHIB #PEPE #FLOKI #WIF $SHIB $PEPE $FLOKI
Whale Bags 600B SHIB From Robinhood; Hints at Price Rally
Despite the crypto market’s bearish performance on June 11, Shiba Inu coin (SHIB) has seen significant investor interest. A whale investor has accumulated a massive 600 billion SHIB coins from the well-known trading platform Robinhood, even amid the token’s recent price dip.
This large purchase has generated substantial optimism about SHIB’s future price movements. Here’s a closer look at the reasons behind this optimism and some additional on-chain statistics for SHIB.
Whale Accumulation Sparks Optimism for Shiba Inu Coin (SHIB)
Despite the broader crypto market’s bearish trend on June 11, Shiba Inu coin (SHIB) has attracted significant investor interest. A whale investor recently accumulated 600 billion SHIB coins from Robinhood, generating optimism about the token’s future price movements.
On-chain tracker Whale Alert reported that 600 billion SHIB, valued at $13.71 million, was transferred from Robinhood to an unknown wallet address (0x73af3bcf) on June 11, when SHIB was trading at $0.000022.
Notably, the same wallet had previously moved 3 trillion SHIB to Robinhood when the token was priced at $0.000025. This suggests the whale might be using a ‘buy-the-dip’ strategy, re-entering the market now in anticipation of future gains.
Despite this significant buying activity, SHIB’s price declined today. This drop coincides with 4.29 trillion SHIB being transferred to Coinbase by ten different wallets, according to ‘The Data Nerd.’ The average entry price for these wallets was $0.00001309, indicating potential profit-taking of $41.22 million at the current price.
Shiba Inu Coin (SHIB) Faces Downward Pressure Amid Market Volatility
As of now, the price of Shiba Inu coin (SHIB) has slipped 2.05% in the past 24 hours, trading at $0.00002244. The meme coin’s 24-hour low and high are $0.00002227 and $0.00002358, respectively.
SHIB’s Relative Strength Index (RSI) is hovering near 38, indicating downside pressure on the asset. Continued selling pressure could further drive prices down, whereas significant buying, like the recent whale accumulation, could initiate an upward price trajectory.
Additionally, the meme coin’s burn rate has spiked notably in the past 24 hours. Crypto market enthusiasts continue to closely monitor SHIB as bulls may take control of the token as the market recovers.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInu #SHIB
This large purchase has generated substantial optimism about SHIB’s future price movements. Here’s a closer look at the reasons behind this optimism and some additional on-chain statistics for SHIB.
Whale Accumulation Sparks Optimism for Shiba Inu Coin (SHIB)
Despite the broader crypto market’s bearish trend on June 11, Shiba Inu coin (SHIB) has attracted significant investor interest. A whale investor recently accumulated 600 billion SHIB coins from Robinhood, generating optimism about the token’s future price movements.
On-chain tracker Whale Alert reported that 600 billion SHIB, valued at $13.71 million, was transferred from Robinhood to an unknown wallet address (0x73af3bcf) on June 11, when SHIB was trading at $0.000022.
Notably, the same wallet had previously moved 3 trillion SHIB to Robinhood when the token was priced at $0.000025. This suggests the whale might be using a ‘buy-the-dip’ strategy, re-entering the market now in anticipation of future gains.
Despite this significant buying activity, SHIB’s price declined today. This drop coincides with 4.29 trillion SHIB being transferred to Coinbase by ten different wallets, according to ‘The Data Nerd.’ The average entry price for these wallets was $0.00001309, indicating potential profit-taking of $41.22 million at the current price.
Shiba Inu Coin (SHIB) Faces Downward Pressure Amid Market Volatility
As of now, the price of Shiba Inu coin (SHIB) has slipped 2.05% in the past 24 hours, trading at $0.00002244. The meme coin’s 24-hour low and high are $0.00002227 and $0.00002358, respectively.
SHIB’s Relative Strength Index (RSI) is hovering near 38, indicating downside pressure on the asset. Continued selling pressure could further drive prices down, whereas significant buying, like the recent whale accumulation, could initiate an upward price trajectory.
Additionally, the meme coin’s burn rate has spiked notably in the past 24 hours. Crypto market enthusiasts continue to closely monitor SHIB as bulls may take control of the token as the market recovers.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInu #SHIB
