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19 Trillion Shiba Inu Forms Most Important Resistance to Watch ..... What's Next? 🐕 🚨 Breaking News Shiba Inu's uptrend faces a significant roadblock! Crypto analytics provider IntoTheBlock (ITB) reveals key insights: 📊 Break-even Point SHIB’s average price is $0.000025, with 72.96 trillion SHIB at this level. ⚠️ Major Resistance The critical price range of $0.00003 - $0.000036 holds 19.44 trillion SHIB across 140.13K addresses. 💡 Key Observations - **5.13%** of addresses (68,620) are at the break-even level. - **61.82%** of addresses (827,480) are "In the Money." 🔑 Implications If those 140K addresses start selling, SHIB might face a downward pressure. However, with the broader crypto market’s bullish momentum, particularly from the potential Ethereum ETF approval, SHIB could bounce back strongly! 🌐 Market Standing - **Market Cap**: $15.09 billion - **Current Price**: $0.00002557 - **Rank**: 12th largest crypto asset 🚀 Future Outlook SHIB remains one of the most ambitious altcoins. Despite this bump, its community and innovative pivots keep it a strong contender in the crypto space. 👉 Stay tuned for more updates and let us know your thoughts on SHIB’s next move! #ShibaInuSurge #SHIBA🔥 #CryptoNews🔒📰🚫 #CryptoWatchMay2024 #MemeWatch2024

19 Trillion Shiba Inu Forms Most Important Resistance to Watch ..... What's Next? 🐕

🚨 Breaking News

Shiba Inu's uptrend faces a significant roadblock! Crypto analytics provider IntoTheBlock (ITB) reveals key insights:

📊 Break-even Point SHIB’s average price is $0.000025, with 72.96 trillion SHIB at this level.

⚠️ Major Resistance

The critical price range of $0.00003 - $0.000036 holds 19.44 trillion SHIB across 140.13K addresses.

💡 Key Observations

- **5.13%** of addresses (68,620) are at the break-even level.

- **61.82%** of addresses (827,480) are "In the Money."

🔑 Implications

If those 140K addresses start selling, SHIB might face a downward pressure. However, with the broader crypto market’s bullish momentum, particularly from the potential Ethereum ETF approval, SHIB could bounce back strongly!

🌐 Market Standing

- **Market Cap**: $15.09 billion

- **Current Price**: $0.00002557

- **Rank**: 12th largest crypto asset

🚀 Future Outlook

SHIB remains one of the most ambitious altcoins. Despite this bump, its community and innovative pivots keep it a strong contender in the crypto space.

👉 Stay tuned for more updates and let us know your thoughts on SHIB’s next move!

#ShibaInuSurge #SHIBA🔥 #CryptoNews🔒📰🚫 #CryptoWatchMay2024 #MemeWatch2024

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