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4 Reasons Why Shiba Inu Price is Primed For Breakout
Shiba Inu price, a popular meme-based altcoin, has shown strong upward momentum following Bitcoin’s recent all-time high of $107k. Over the past 30 days, SHIB recorded a notable 10% price gain, signaling growing investor interest. While meme coins have seen solid performances, Shiba Inu appears primed for further growth. Let’s explore 4 reasons key reasons behind SHIB’s bullish breakout potential, highlighting its recent trends and increasing optimism in the market.
Reasons For Shiba Inu Price to Breakout & Rally
The Shiba Inu price is showing strong signs of a potential breakout. This is driven by an inverse head-and-shoulders chart pattern signaling a bullish reversal and supportive on-chain metrics.
The 30-day MVRV is below zero, indicating reduced selling pressure as traders hold rather than sell at a loss. The declining supply of Shiba Inu price on exchanges suggests further bullish momentum, as fewer tokens are available for immediate sale.
Lastly, the Global In/Out of Money metric shows low resistance going ahead 16% of holders are Out of the money, rendering the possibility of selling pressure insignificant. With these 4 factors falling in line with each other, the meme coin looks ready for a massive breakout as investor attention was captured.
Shiba Inu Price Is Primed For Breakout
The inverse target is obtained by measuring the distance between the head’s right most part and its lowest point and adding it to the breakout point.. The target is calculated by measuring the distance from the head’s low to the neckline and adding it to the breakout point. This pattern forecasts a potential move toward 0.000023 for Shiba Inu, indicating strong upward momentum.
Source-TradingView
On-chain Metrics Suggest Reduced Selling Pressure on SHIB
Shiba Inu prices may turn bullish as recent on chain data reveals decline in selling pressure. The 30 day MVRV ratio, which tracks average profit/loss of investors for each token, has plummeted and thus fewer holders are deciding to sell for a profit.
Source- Santiment
SHIB’s supply on exchanges remains low, indicating reduced availability for selling. This combination of metrics often signals a potential bullish reversal as investors hold their positions instead of taking profits. Reduced selling pressure and increased investor confidence might trigger upward momentum in SHIB’s price.
Source- Santiment
Shiba Inu Price Rally Likely as Majority SHIB Holders In Profit
The majority of Shiba Inu price holders are profitable, signaling potential bullish momentum. According to the GIOM metric, 86.31% (849.56 T SHIB) are in profit, 6% (62.64 trillion SHIB) are at break-even, and 7% (72.13 T SHIB) are at a loss.
Source- ITB
At the time of reporting, the SHIB price is trading at $0.00002727, with a slight surge of 2% in the past 24-hours This surge follows the crypto market rally with BTC hovering above $107k and ETH rallying above $4k, fueling the rally. If the bullish trend continues, the SHIB price prediction could hit $0.00004 by the end of year 2024.
Disclamation: information source, trading view, Santiment. Suggest and financial advice.
#shiba⚡ #ShibaInuSurge #Shibalnu #RideTheKaiaWave
Reasons For Shiba Inu Price to Breakout & Rally
The Shiba Inu price is showing strong signs of a potential breakout. This is driven by an inverse head-and-shoulders chart pattern signaling a bullish reversal and supportive on-chain metrics.
The 30-day MVRV is below zero, indicating reduced selling pressure as traders hold rather than sell at a loss. The declining supply of Shiba Inu price on exchanges suggests further bullish momentum, as fewer tokens are available for immediate sale.
Lastly, the Global In/Out of Money metric shows low resistance going ahead 16% of holders are Out of the money, rendering the possibility of selling pressure insignificant. With these 4 factors falling in line with each other, the meme coin looks ready for a massive breakout as investor attention was captured.
Shiba Inu Price Is Primed For Breakout
The inverse target is obtained by measuring the distance between the head’s right most part and its lowest point and adding it to the breakout point.. The target is calculated by measuring the distance from the head’s low to the neckline and adding it to the breakout point. This pattern forecasts a potential move toward 0.000023 for Shiba Inu, indicating strong upward momentum.
Source-TradingView
On-chain Metrics Suggest Reduced Selling Pressure on SHIB
Shiba Inu prices may turn bullish as recent on chain data reveals decline in selling pressure. The 30 day MVRV ratio, which tracks average profit/loss of investors for each token, has plummeted and thus fewer holders are deciding to sell for a profit.
Source- Santiment
SHIB’s supply on exchanges remains low, indicating reduced availability for selling. This combination of metrics often signals a potential bullish reversal as investors hold their positions instead of taking profits. Reduced selling pressure and increased investor confidence might trigger upward momentum in SHIB’s price.
Source- Santiment
Shiba Inu Price Rally Likely as Majority SHIB Holders In Profit
The majority of Shiba Inu price holders are profitable, signaling potential bullish momentum. According to the GIOM metric, 86.31% (849.56 T SHIB) are in profit, 6% (62.64 trillion SHIB) are at break-even, and 7% (72.13 T SHIB) are at a loss.
Source- ITB
At the time of reporting, the SHIB price is trading at $0.00002727, with a slight surge of 2% in the past 24-hours This surge follows the crypto market rally with BTC hovering above $107k and ETH rallying above $4k, fueling the rally. If the bullish trend continues, the SHIB price prediction could hit $0.00004 by the end of year 2024.
Disclamation: information source, trading view, Santiment. Suggest and financial advice.
#shiba⚡ #ShibaInuSurge #Shibalnu #RideTheKaiaWave
Can you become a millionaire with Shiba Inu (SHIB) in 2024?
Shiba Inu (SHIB) has turned many early investors into millionaires and, in some cases, even billionaires. However, the popular dog-themed memecoin has plummeted by over 87% from its 2021 highs. Many investors wonder if they have missed the boat with SHIB. Meanwhile, others hope that the memecoin’s price will reach new heights in 2024.
Since Jan. 1, 2023, SHIB’s price has risen by about 30%. Although the growth is commendable, it falls short compared to Solana (SOL), which has surged by nearly 1000%, or Bitcoin (BTC), which has surged by over 150% in the same time frame.
There is a chance that SHIB could reclaim its all-time high of $0.00008616, which it attained in October 2021. However, SHIB requires a few developments to reach its previous peak.
Firstly, we need to enter a 2021-like bull run. There is a lot of talk about a potential bull market for the cryptocurrency space in 2024. Analysts point to the probability of a spot Bitcoin (BTC) ETF (Exchange Traded Fund) approval and BTC’s halving event as potential drivers for a bull run.
Secondly, Shiba Inu (SHIB) will need a significant rise in adoption. The project launched its layer-2 network, Shibarium, in August 2023. However, the launch did not push the asset’s price by much. Nonetheless, as more applications launch on Shibarium, SHIB’s adoption may increase. More adoption may lead to a rise in the token’s price.
Thirdly, Shiba Inu (SHIB) burns need to increase. The SHIB team has revealed that the Shibarium network will begin burning tokens this month. Some have even said the network can remove trillions of tokens yearly. If such is the case, SHIB may see a significant price rise.
Shiba Inu (SHIB) could reclaim or surpass its previous all-time high if it meets all three factors. In such a scenario, investors who bought at a low could make millions in profit.
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInuSurge #SHIB💥 #CryptoScoop
$SHIB
Shiba Inu (SHIB) has turned many early investors into millionaires and, in some cases, even billionaires. However, the popular dog-themed memecoin has plummeted by over 87% from its 2021 highs. Many investors wonder if they have missed the boat with SHIB. Meanwhile, others hope that the memecoin’s price will reach new heights in 2024.
Since Jan. 1, 2023, SHIB’s price has risen by about 30%. Although the growth is commendable, it falls short compared to Solana (SOL), which has surged by nearly 1000%, or Bitcoin (BTC), which has surged by over 150% in the same time frame.
There is a chance that SHIB could reclaim its all-time high of $0.00008616, which it attained in October 2021. However, SHIB requires a few developments to reach its previous peak.
Firstly, we need to enter a 2021-like bull run. There is a lot of talk about a potential bull market for the cryptocurrency space in 2024. Analysts point to the probability of a spot Bitcoin (BTC) ETF (Exchange Traded Fund) approval and BTC’s halving event as potential drivers for a bull run.
Secondly, Shiba Inu (SHIB) will need a significant rise in adoption. The project launched its layer-2 network, Shibarium, in August 2023. However, the launch did not push the asset’s price by much. Nonetheless, as more applications launch on Shibarium, SHIB’s adoption may increase. More adoption may lead to a rise in the token’s price.
Thirdly, Shiba Inu (SHIB) burns need to increase. The SHIB team has revealed that the Shibarium network will begin burning tokens this month. Some have even said the network can remove trillions of tokens yearly. If such is the case, SHIB may see a significant price rise.
Shiba Inu (SHIB) could reclaim or surpass its previous all-time high if it meets all three factors. In such a scenario, investors who bought at a low could make millions in profit.
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInuSurge #SHIB💥 #CryptoScoop
$SHIB
SHIB Bulls Aim for Zero Erasure as Crypto Market Roars Back: Can They Succeed?
Shiba Inu (SHIB), the meme-powered dog coin, is experiencing a surge in price alongside the broader crypto market recovery. This has ignited excitement among SHIB enthusiasts, who are eagerly anticipating the coin to "erase another zero" from its price tag. But is this bullish sentiment justified, and can SHIB truly achieve this feat?
Current Landscape:
SHIB Price: As of today, February 10th, 2024, SHIB is trading at around $0.00000943. This represents a 3% increase from yesterday and a 20% increase from a week ago.
Market Momentum: The broader crypto market is showing positive signs, with Bitcoin exceeding $47,000 and Ethereum holding above $2,500. This overall bullish trend is contributing to SHIB's gains.
Community Hype: SHIB boasts a passionate and vocal community that actively supports the project and fuels its price movements. This "Shiba Army" is undoubtedly a driving force behind the current bullish sentiment.
Challenges to Zero Erasure:
Massive Supply: SHIB has a total supply of 1 quadrillion tokens, making it significantly more challenging to achieve significant price increases compared to coins with smaller supplies.
Competition: The meme coin space is crowded, with Dogecoin (DOGE) and Floki Inu (FLOKI) vying for attention. SHIB needs to maintain its unique appeal and utility to stand out.
Market Volatility: The crypto market is inherently volatile, and any sudden downturn could erase recent gains.
Can SHIB Achieve Zero Erasure?
Predicting the future of any cryptocurrency is inherently risky. While SHIB's current momentum and community support are encouraging, achieving zero erasure would require a sustained price increase of over 10 times its current value. This is a significant challenge, and various factors beyond SHIB's control could hinder its progress.
Please do your own research before making any investment decisions.
#Write2Earn
#ShibaInuSurge
#ShibaInvestment
Shiba Inu (SHIB), the meme-powered dog coin, is experiencing a surge in price alongside the broader crypto market recovery. This has ignited excitement among SHIB enthusiasts, who are eagerly anticipating the coin to "erase another zero" from its price tag. But is this bullish sentiment justified, and can SHIB truly achieve this feat?
Current Landscape:
SHIB Price: As of today, February 10th, 2024, SHIB is trading at around $0.00000943. This represents a 3% increase from yesterday and a 20% increase from a week ago.
Market Momentum: The broader crypto market is showing positive signs, with Bitcoin exceeding $47,000 and Ethereum holding above $2,500. This overall bullish trend is contributing to SHIB's gains.
Community Hype: SHIB boasts a passionate and vocal community that actively supports the project and fuels its price movements. This "Shiba Army" is undoubtedly a driving force behind the current bullish sentiment.
Challenges to Zero Erasure:
Massive Supply: SHIB has a total supply of 1 quadrillion tokens, making it significantly more challenging to achieve significant price increases compared to coins with smaller supplies.
Competition: The meme coin space is crowded, with Dogecoin (DOGE) and Floki Inu (FLOKI) vying for attention. SHIB needs to maintain its unique appeal and utility to stand out.
Market Volatility: The crypto market is inherently volatile, and any sudden downturn could erase recent gains.
Can SHIB Achieve Zero Erasure?
Predicting the future of any cryptocurrency is inherently risky. While SHIB's current momentum and community support are encouraging, achieving zero erasure would require a sustained price increase of over 10 times its current value. This is a significant challenge, and various factors beyond SHIB's control could hinder its progress.
Please do your own research before making any investment decisions.
#Write2Earn
#ShibaInuSurge
#ShibaInvestment
Gift ❤️❤️🥰 3 nft& sft(It will run from March 02-05)
Hope everyone is well.
$FLOKI
$SHIB
$PEPE
The growth range of these coins is pleasing to many holdings
Flooding is happening I guess anyway.
Today I also found a good profit.
Anyway I'm creating a task that
If this coin comes to 0.00011$ then I will gift 3 random NFT&SFT.
(Those who will get these nft & sft must be my follower,
and write yes in comments)
#ShibaInuSurge #TrendingTopic #SHIBA_INU #Floki #PEPE
@Shiba Inu @Pepecoin
@Floki Inu
Hope everyone is well.
$FLOKI
$SHIB
$PEPE
The growth range of these coins is pleasing to many holdings
Flooding is happening I guess anyway.
Today I also found a good profit.
Anyway I'm creating a task that
If this coin comes to 0.00011$ then I will gift 3 random NFT&SFT.
(Those who will get these nft & sft must be my follower,
and write yes in comments)
#ShibaInuSurge #TrendingTopic #SHIBA_INU #Floki #PEPE
@Shiba Inu @Pepecoin
@Floki Inu
💸💥💥Shiba Inu: $9 Could Make You a #SHIB Millionaire in 2024
Claim Free Reward
Shiba Inu is currently trading at the level of $ 0.000009059 in the first days of February 2024. This is the cheapest price that investors can get to accumulate SHIB tokens in their portfolios. The dog-themed token has always been considered a low-priced fruit due to the fact that its price is suitable for the average investor. An ordinary investor can buy millions of Shiba Inu tokens without even opening a hole in his pocket.
Now that SHIB is trading with five 'zeros' on the indices, the opportunity to buy millions of tokens is cheaper. An investment of $9.06 launched today can enable investors to accumulate 1,000,000 (1 million) SHIB tokens. The favorable price comes after Shiba Inu has been on the lists continuously for the last six months.
Therefore, only $ 9.06 can ensure that investors carry the title of Shiba Inu millionaire in their portfolios. However, if the Shiba Inu reaches the $0.01 level one day in the future, the same $9.06 investment can turn into $10,000. This means an increase of over 100,000% and return on investment (ROI) on the $9.06 investment launched today.
In addition, a $100 investment today could provide holders with the opportunity to accumulate about October 11 million tokens. Therefore, if SHIB reaches the 1 Cent milestone one day, $100 can rise to $110,000. This means a return of more than ten times compared to buying the token today at cheaper but affordable prices.$SHIB
#ShibaInuSurge #BinanceSqaure #Write2Earn
Claim Free Reward
Shiba Inu is currently trading at the level of $ 0.000009059 in the first days of February 2024. This is the cheapest price that investors can get to accumulate SHIB tokens in their portfolios. The dog-themed token has always been considered a low-priced fruit due to the fact that its price is suitable for the average investor. An ordinary investor can buy millions of Shiba Inu tokens without even opening a hole in his pocket.
Now that SHIB is trading with five 'zeros' on the indices, the opportunity to buy millions of tokens is cheaper. An investment of $9.06 launched today can enable investors to accumulate 1,000,000 (1 million) SHIB tokens. The favorable price comes after Shiba Inu has been on the lists continuously for the last six months.
Therefore, only $ 9.06 can ensure that investors carry the title of Shiba Inu millionaire in their portfolios. However, if the Shiba Inu reaches the $0.01 level one day in the future, the same $9.06 investment can turn into $10,000. This means an increase of over 100,000% and return on investment (ROI) on the $9.06 investment launched today.
In addition, a $100 investment today could provide holders with the opportunity to accumulate about October 11 million tokens. Therefore, if SHIB reaches the 1 Cent milestone one day, $100 can rise to $110,000. This means a return of more than ten times compared to buying the token today at cheaper but affordable prices.$SHIB
#ShibaInuSurge #BinanceSqaure #Write2Earn
Here is When Shiba Inu Could Reach
$0.00017, $0.00024 and $0.00038
Analysis Overview: Why Is Shiba Inu Gaining Traction?
Shiba Inu enthusiasts are eagerly eyeing key price milestones, and Changelly, the crypto exchange platform, has provided insights into when these targets might be achieved.
Current Position and Sentiment Analysis:
Shiba Inu (SHIB) is currently trading at $0.00001052, maintaining positions above its 50-day EMA ($0.00000943) and 200-day EMA ($0.00000821).Sentiment analysis reveals a bullish trend with a significant 71% in favor, attributing this positivity to SHIB's impressive performance over the past month, marking gains in 21 out of 30 days.
Year-End Projection:
Changelly's research team anticipates SHIB to close the year at $0.0000111 on December 31, projecting a 5.6% increase. Overcoming resistance at $0.00001106 is crucial for
achieving this target.
Future Milestones:
January 28, 2024: $0.00001151The team predicts continued growth, foreseeing SHIB reaching $0.00001151.2025: Entering the $0.00002 Territory
Changelly forecasts an average price of $0.00002299 for 2025, suggesting sustained upward momentum.
2029: Removing a Zero at $0.0001029The team envisions SHIB deleting a zero in 2029, with an average price of $0.0001029.
2030: Achieving
$0.00017Changelly predicts SHIB hitting $0.00017 a year later, in 2030.2031: $0.00024
- The Maximum Price
The team sees $0.00024 as the peak for Shiba Inu in 2031, projecting a 2,181% price appreciation.
Cautionary Note:
2032: Crossing Psychological
Thresholds Changelly expects SHIB to surpass $0.0003 in 2032, setting the stage for a remarkable rally to $0.00038.
📝 Cautionary Note
While these projections are optimistic, the unpredictable nature of the crypto market mandates caution. Investors should navigate with prudence.
#ShibaInuSurge #ShibaInuInWeb3 #ShibaBurns #shiba #shibanews
$0.00017, $0.00024 and $0.00038
Analysis Overview: Why Is Shiba Inu Gaining Traction?
Shiba Inu enthusiasts are eagerly eyeing key price milestones, and Changelly, the crypto exchange platform, has provided insights into when these targets might be achieved.
Current Position and Sentiment Analysis:
Shiba Inu (SHIB) is currently trading at $0.00001052, maintaining positions above its 50-day EMA ($0.00000943) and 200-day EMA ($0.00000821).Sentiment analysis reveals a bullish trend with a significant 71% in favor, attributing this positivity to SHIB's impressive performance over the past month, marking gains in 21 out of 30 days.
Year-End Projection:
Changelly's research team anticipates SHIB to close the year at $0.0000111 on December 31, projecting a 5.6% increase. Overcoming resistance at $0.00001106 is crucial for
achieving this target.
Future Milestones:
January 28, 2024: $0.00001151The team predicts continued growth, foreseeing SHIB reaching $0.00001151.2025: Entering the $0.00002 Territory
Changelly forecasts an average price of $0.00002299 for 2025, suggesting sustained upward momentum.
2029: Removing a Zero at $0.0001029The team envisions SHIB deleting a zero in 2029, with an average price of $0.0001029.
2030: Achieving
$0.00017Changelly predicts SHIB hitting $0.00017 a year later, in 2030.2031: $0.00024
- The Maximum Price
The team sees $0.00024 as the peak for Shiba Inu in 2031, projecting a 2,181% price appreciation.
Cautionary Note:
2032: Crossing Psychological
Thresholds Changelly expects SHIB to surpass $0.0003 in 2032, setting the stage for a remarkable rally to $0.00038.
📝 Cautionary Note
While these projections are optimistic, the unpredictable nature of the crypto market mandates caution. Investors should navigate with prudence.
#ShibaInuSurge #ShibaInuInWeb3 #ShibaBurns #shiba #shibanews
$18,000 in SHIB Turns $43.7 Million in December 2023
There’s magic in numbers and numbers are magical in the world of cryptocurrencies. A mere investment of $100 can turn into $1 million and an investment of $1 million can also turn into $100. That’s the specialty of the cryptocurrency markets as it can turn an investor into a millionaire and pauper all at the same time. No one shoe fits all type of success and only a few lucky ones made it. In the center of the development, Shiba Inu stands out as the only token to have made small investors become millionaires in a short period.
If you religiously invested $500 into Shiba Inu every month from December 2020 till today, you could have earned $43 million by now. Yes, that’s right, a steady investment of $500 from December 2020 to today, constitutes 36 months. That’s a total investment of $18,000 in the last 36 months in SHIB through all its ups and downs.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today. That’s a life-changing generational wealth delivered by SHIB in three years.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today.
SHIB spiked 45,000,000% (45 million percent) between August 2020 to October 2021. It also shot up 1,000% the same month when it reached its all-time high of $0.00008616 in October 2021. Shiba Inu deleted six ‘zeroes’ in 10 months between January 2021 to October the same year.
Therefore, riding on the impeccable price rise, a simple $500 investment could have made early holders millionaires. Even the stock market, Bitcoin, or Ethereum did not deliver life-changing gains to investors in the last three years.
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #shibaburn #CryptoScoop
There’s magic in numbers and numbers are magical in the world of cryptocurrencies. A mere investment of $100 can turn into $1 million and an investment of $1 million can also turn into $100. That’s the specialty of the cryptocurrency markets as it can turn an investor into a millionaire and pauper all at the same time. No one shoe fits all type of success and only a few lucky ones made it. In the center of the development, Shiba Inu stands out as the only token to have made small investors become millionaires in a short period.
If you religiously invested $500 into Shiba Inu every month from December 2020 till today, you could have earned $43 million by now. Yes, that’s right, a steady investment of $500 from December 2020 to today, constitutes 36 months. That’s a total investment of $18,000 in the last 36 months in SHIB through all its ups and downs.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today. That’s a life-changing generational wealth delivered by SHIB in three years.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today.
SHIB spiked 45,000,000% (45 million percent) between August 2020 to October 2021. It also shot up 1,000% the same month when it reached its all-time high of $0.00008616 in October 2021. Shiba Inu deleted six ‘zeroes’ in 10 months between January 2021 to October the same year.
Therefore, riding on the impeccable price rise, a simple $500 investment could have made early holders millionaires. Even the stock market, Bitcoin, or Ethereum did not deliver life-changing gains to investors in the last three years.
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #shibaburn #CryptoScoop
🔥 SHIB Burn Rate Skyrockets 310%, Yet Price Faces Downward Spiral! Can a Rally be Sparked? 🚀💰
Despite a staggering 310% surge in SHIB's burn rate within the last 24 hours, the price of Shiba Inu experiences a surprising downturn, reflecting the broader weakness in the cryptocurrency market. Let's delve into the details of this unexpected trend.
1. The Market Landscape: Bitcoin and Altcoins in a Downturn
Wednesday morning opens with a weak performance across the cryptocurrency market. Bitcoin faces a 1.4% dip, and Ethereum is down by 2.36%, setting a cautious tone for investors. Shiba Inu, the meme coin, follows suit with a 2.5% slide despite recent developments.
2. SHIB Burn Surge: Shibarium's Impact on Token Burning
Shiba Inu's burn rate witnesses an extraordinary 310% spike, with over 12.46 million SHIB tokens burned in the last 24 hours. This surge is attributed to growing interest in Shibarium, the layer-2 blockchain launched by Shiba Inu last year. Notably, one transaction alone contributed to burning 12.43 million SHIB tokens.
💡 Shibarium Growth and SHIB Burn Statistics:
Total SHIB tokens burned to date exceed 410.69 trillion.Last week saw a remarkable 321% jump in burn rate, reflecting the heightened activity in token burning.Coin burning aims to decrease the token's supply, potentially boosting its value.
3. Failed Rally: Price Dips Despite Massive Token Burn
Despite the substantial burn rate, the Shiba Inu price stands at $0.00001063, marking a 2.6% decline in the last 24 hours. This challenges the common belief that token burning typically leads to increased value. SHIB ranks as the 17th largest cryptocurrency, with a market capitalization of $6.26 billion.
🚨 Stay Informed, Stay Cautious! Will SHIB Overcome the Dip?
Follow The Blockopedia for Real-time Updates! 🌐📰
#ShibaBurns #ShibaPriceAnalysys #ShibaInuSurge #cryptocurrency #crypto2024
Despite a staggering 310% surge in SHIB's burn rate within the last 24 hours, the price of Shiba Inu experiences a surprising downturn, reflecting the broader weakness in the cryptocurrency market. Let's delve into the details of this unexpected trend.
1. The Market Landscape: Bitcoin and Altcoins in a Downturn
Wednesday morning opens with a weak performance across the cryptocurrency market. Bitcoin faces a 1.4% dip, and Ethereum is down by 2.36%, setting a cautious tone for investors. Shiba Inu, the meme coin, follows suit with a 2.5% slide despite recent developments.
2. SHIB Burn Surge: Shibarium's Impact on Token Burning
Shiba Inu's burn rate witnesses an extraordinary 310% spike, with over 12.46 million SHIB tokens burned in the last 24 hours. This surge is attributed to growing interest in Shibarium, the layer-2 blockchain launched by Shiba Inu last year. Notably, one transaction alone contributed to burning 12.43 million SHIB tokens.
💡 Shibarium Growth and SHIB Burn Statistics:
Total SHIB tokens burned to date exceed 410.69 trillion.Last week saw a remarkable 321% jump in burn rate, reflecting the heightened activity in token burning.Coin burning aims to decrease the token's supply, potentially boosting its value.
3. Failed Rally: Price Dips Despite Massive Token Burn
Despite the substantial burn rate, the Shiba Inu price stands at $0.00001063, marking a 2.6% decline in the last 24 hours. This challenges the common belief that token burning typically leads to increased value. SHIB ranks as the 17th largest cryptocurrency, with a market capitalization of $6.26 billion.
🚨 Stay Informed, Stay Cautious! Will SHIB Overcome the Dip?
Follow The Blockopedia for Real-time Updates! 🌐📰
#ShibaBurns #ShibaPriceAnalysys #ShibaInuSurge #cryptocurrency #crypto2024
🚀 **Shiba Inu Update: Growing Interest Signals Potential Price Rally!** 📈
📅 **Date:** Ongoing
📊 **Daily Active Addresses Surge:**
Shiba Inu experiences a substantial increase in daily active addresses, signaling growing interest and potential for a price rally.
📈 **Price Performance:**
While the price has seen recent underperformance, essential indicators and developments, including burning mechanisms and Shibarium progress, could positively impact SHIB's value.
📉 **Price Reaction:**
Traders and investors keep a close watch on Shiba Inu's price reaction to the surge in daily active addresses and other positive indicators.
🔥 **Burning Mechanism Impact:**
Over 410 trillion SHIB tokens (41% of maximum total supply) have been burned, aiming to reduce circulating supply and positively impact price dynamics.
🌐 **Shibarium Development:**
Further progress in Shibarium, the layer-2 blockchain solution, adds to positive sentiments with improved speed and lower fees.
#ShibaInuSurge #cryptonews #TrendingTopic #Write2Earn #Shibarium 🚀
📅 **Date:** Ongoing
📊 **Daily Active Addresses Surge:**
Shiba Inu experiences a substantial increase in daily active addresses, signaling growing interest and potential for a price rally.
📈 **Price Performance:**
While the price has seen recent underperformance, essential indicators and developments, including burning mechanisms and Shibarium progress, could positively impact SHIB's value.
📉 **Price Reaction:**
Traders and investors keep a close watch on Shiba Inu's price reaction to the surge in daily active addresses and other positive indicators.
🔥 **Burning Mechanism Impact:**
Over 410 trillion SHIB tokens (41% of maximum total supply) have been burned, aiming to reduce circulating supply and positively impact price dynamics.
🌐 **Shibarium Development:**
Further progress in Shibarium, the layer-2 blockchain solution, adds to positive sentiments with improved speed and lower fees.
#ShibaInuSurge #cryptonews #TrendingTopic #Write2Earn #Shibarium 🚀
💸 Can Shiba Inu Reach $1 in 2024? The Answer Will Blow Your Mind🚀🤯
In 2021, Shiba Inu made headlines with one of the largest gains in financial market history, skyrocketing by a staggering 43,800,000%. Fast forward to 2023, and the meme token faced a humbling return of just 30%, leaving it 88% below its all-time high. With the crypto industry gaining momentum, the burning question arises: Could Shiba Inu pull off another historic run, soaring from $0.00001 to $1 in 2024? The answer might just blow your mind!
📉 Current State of Shiba Inu: Seeking Redemption 📈
As of January 4, 2024, Shiba Inu (SHIB) trades at $0.00, marking a decrease of 7.19% for the day. Despite the setbacks, its market cap stands at $6 billion, showcasing resilience amidst market fluctuations. Could this underdog of 2023 become the surprise success story of 2024?
🔄 Shiba's Rollercoaster Journey: A Year of Lows and Hopes 🎢
2023 witnessed a stark contrast in crypto fortunes. While Bitcoin soared by over 150%, Shiba Inu lagged behind with a modest 30% gain. However, amidst the turbulence, signs of industry-wide recovery emerged. Large asset managers like Blackrock and Ark Investment Management are pushing for Bitcoin ETFs, potentially opening the floodgates for institutional investment.
🚀 The $1 Dream: Mind-Boggling Numbers and Potential Pitfalls 🤔💰
The notion of Shiba Inu hitting $1 seems far-fetched, but there's a legitimate pathway. The total value of all tokens doubling to $1.7 trillion in 2023 hints at growing investor confidence. However, the road ahead is riddled with challenges, including regulatory uncertainties and the industry's checkered past.
🔮 The Verdict: Stay Informed, Stay Cautious, and Stay Tuned! 📰🤞
#ShibaInuSurge #ShibaPriceAnalysys #ShibaInuEcosystem #cryptocurrency #crypto2024
In 2021, Shiba Inu made headlines with one of the largest gains in financial market history, skyrocketing by a staggering 43,800,000%. Fast forward to 2023, and the meme token faced a humbling return of just 30%, leaving it 88% below its all-time high. With the crypto industry gaining momentum, the burning question arises: Could Shiba Inu pull off another historic run, soaring from $0.00001 to $1 in 2024? The answer might just blow your mind!
📉 Current State of Shiba Inu: Seeking Redemption 📈
As of January 4, 2024, Shiba Inu (SHIB) trades at $0.00, marking a decrease of 7.19% for the day. Despite the setbacks, its market cap stands at $6 billion, showcasing resilience amidst market fluctuations. Could this underdog of 2023 become the surprise success story of 2024?
🔄 Shiba's Rollercoaster Journey: A Year of Lows and Hopes 🎢
2023 witnessed a stark contrast in crypto fortunes. While Bitcoin soared by over 150%, Shiba Inu lagged behind with a modest 30% gain. However, amidst the turbulence, signs of industry-wide recovery emerged. Large asset managers like Blackrock and Ark Investment Management are pushing for Bitcoin ETFs, potentially opening the floodgates for institutional investment.
🚀 The $1 Dream: Mind-Boggling Numbers and Potential Pitfalls 🤔💰
The notion of Shiba Inu hitting $1 seems far-fetched, but there's a legitimate pathway. The total value of all tokens doubling to $1.7 trillion in 2023 hints at growing investor confidence. However, the road ahead is riddled with challenges, including regulatory uncertainties and the industry's checkered past.
🔮 The Verdict: Stay Informed, Stay Cautious, and Stay Tuned! 📰🤞
#ShibaInuSurge #ShibaPriceAnalysys #ShibaInuEcosystem #cryptocurrency #crypto2024
$SHIB
Shiba Inu Price Prediction 2024
In the first week of January 2024, Shiba Inu reached $0.0000109 when it dropped below $0.00000853 for the first time since January 2021. According to the investors and market exports, Shiba Inu is on its way to passing the $0.0000209 mark by the end of this year. Before $0.0000209, it may break its mark of $0.0000884 and reach. According to the investors, exporters, and market leaders, Shiba Inu will break its previous all-time high of $0.0000884 and hold between $0.0000187 and $0.0000209 soon. As of now, on 25 February 2024, Shiba Inu is trading at $0.00000963, and its 24-hour trading volume is around 102.6M, and it makes number 18 currency in the whole crypto world.
Current Price=$0.00000963
Sentiment =Neutral
50-Day SMA =$0.00000775
200-Day SMA =$0.00000799
Price Prediction=$0.0000204 (112.44%)
F & G Index =39.34 (fear)
Green Days =15/30 (50%)
14-Day RSI =47.43
#Write2Earn #TrendingTopic
#crypto2024
#ShibaInuUpdate
#ShibaInuSurge
Shiba Inu Price Prediction 2024
In the first week of January 2024, Shiba Inu reached $0.0000109 when it dropped below $0.00000853 for the first time since January 2021. According to the investors and market exports, Shiba Inu is on its way to passing the $0.0000209 mark by the end of this year. Before $0.0000209, it may break its mark of $0.0000884 and reach. According to the investors, exporters, and market leaders, Shiba Inu will break its previous all-time high of $0.0000884 and hold between $0.0000187 and $0.0000209 soon. As of now, on 25 February 2024, Shiba Inu is trading at $0.00000963, and its 24-hour trading volume is around 102.6M, and it makes number 18 currency in the whole crypto world.
Current Price=$0.00000963
Sentiment =Neutral
50-Day SMA =$0.00000775
200-Day SMA =$0.00000799
Price Prediction=$0.0000204 (112.44%)
F & G Index =39.34 (fear)
Green Days =15/30 (50%)
14-Day RSI =47.43
#Write2Earn #TrendingTopic
#crypto2024
#ShibaInuUpdate
#ShibaInuSurge
💹What 100M Shiba Inu Could Be Worth at $0.01, $0.05 and $0.09 🚀💰
Shiba Inu (SHIB) investors are riding the wave of optimism, fueled by recent bullish developments and the token's history of massive price surges. With SHIB holding above $0.00001, the speculations on potential returns for a 100 million SHIB holding are sparking excitement. Let's explore the scenarios:
1. 💰 What if SHIB Hits $0.01?
At the current price of $0.00001054, a leap to $0.01 would require a jaw-dropping 94,766% increase. While this target may face skepticism due to the circulating supply, the potential gains are colossal! The initial $1,054 investment could turn into an impressive $1,000,000 ($1 Million) bag, offering a staggering profit of $998,946.
2. 💹 Eyeing $0.05: Ambitious Aspirations!
With some enthusiasts setting their sights on $0.05, a more ambitious goal, the journey entails a substantial 474,283% increase. If Shiba Inu reaches this pinnacle, the value of 100 million tokens could soar to a whopping $5 million.
3. 🚀 Pushing Limits to $0.09: Wishful Thinking?
Going beyond, a speculative climb to $0.09 demands an 853,789% surge—a challenge many deem as wishful thinking. Despite the ambitious nature, the potential returns are mind-boggling. In this scenario, the value of 100 million SHIB could skyrocket to an astonishing $9,000,000 ($9 Million).
🤔 Reality Check: Challenges and Skepticism
While these projections fuel excitement, it's essential to acknowledge the challenges. Shiba Inu's trajectory to these prices faces hurdles, especially considering its current price and circulating supply. With trillions of SHIB tokens in circulation, sustaining high values becomes a formidable challenge. The ambitious percentage increases underscore the speculative nature, urging Shiba Inu holders to approach these targets with a touch of skepticism.
🚀 Dream Big, Stay Skeptical! Invest Wisely in the Crypto Journey! 🌐💡
#ShibaInuSurge #ShibaPriceAnalysys #ShibaInvestment #cryptocurrency #crypto2024
Shiba Inu (SHIB) investors are riding the wave of optimism, fueled by recent bullish developments and the token's history of massive price surges. With SHIB holding above $0.00001, the speculations on potential returns for a 100 million SHIB holding are sparking excitement. Let's explore the scenarios:
1. 💰 What if SHIB Hits $0.01?
At the current price of $0.00001054, a leap to $0.01 would require a jaw-dropping 94,766% increase. While this target may face skepticism due to the circulating supply, the potential gains are colossal! The initial $1,054 investment could turn into an impressive $1,000,000 ($1 Million) bag, offering a staggering profit of $998,946.
2. 💹 Eyeing $0.05: Ambitious Aspirations!
With some enthusiasts setting their sights on $0.05, a more ambitious goal, the journey entails a substantial 474,283% increase. If Shiba Inu reaches this pinnacle, the value of 100 million tokens could soar to a whopping $5 million.
3. 🚀 Pushing Limits to $0.09: Wishful Thinking?
Going beyond, a speculative climb to $0.09 demands an 853,789% surge—a challenge many deem as wishful thinking. Despite the ambitious nature, the potential returns are mind-boggling. In this scenario, the value of 100 million SHIB could skyrocket to an astonishing $9,000,000 ($9 Million).
🤔 Reality Check: Challenges and Skepticism
While these projections fuel excitement, it's essential to acknowledge the challenges. Shiba Inu's trajectory to these prices faces hurdles, especially considering its current price and circulating supply. With trillions of SHIB tokens in circulation, sustaining high values becomes a formidable challenge. The ambitious percentage increases underscore the speculative nature, urging Shiba Inu holders to approach these targets with a touch of skepticism.
🚀 Dream Big, Stay Skeptical! Invest Wisely in the Crypto Journey! 🌐💡
#ShibaInuSurge #ShibaPriceAnalysys #ShibaInvestment #cryptocurrency #crypto2024
See original
🟢 41,431,736,132#SHIB($0.92M) transferred from#Coinbaseto unknown
https://coinmeter.net/alert/WpOvAWoopUh
$SHIB #ShibaArmy #ShibaInuSurge
https://coinmeter.net/alert/WpOvAWoopUh
$SHIB #ShibaArmy #ShibaInuSurge
🚨 Attention Shiba Inu (SHIB) Community! Beware of Deceptive Token Scams! 🚨
🔍 The Shiba Inu community is facing a critical situation with a surge in false claims and deceptive tokens infiltrating the ecosystem. 🚷 Official sources, including Davinci and RagnarShib from the Shiba Inu Discord channel, have issued urgent warnings against these scams.
🚫 Unauthorized Tokens: "TREAT" and "SHI" - A Clear Warning from Shiba Inu Team!
The Shiba Inu team explicitly states that unauthorized tokens named "TREAT" and "SHI" have not been officially launched. Attempting to purchase these tokens is a scam and poses a significant risk.
🛑 Buying these fake tokens will not grant access to Shiba Inu ecosystem projects like SHIB The Metaverse, Shiba Eternity, or ShibaHub, nor connect users to official decentralized applications (dApps) like Shib.io.
💡 Key Warnings from Lucie, Shiba Inu Team Member: Stay Vigilant!
Lucie, a member of the Shiba Inu team, reiterates the warnings, emphasizing that the real TREAT token has not been released. The community is urged to stay vigilant against impersonators and scammers who may create fake accounts, spread false information, redirect users to fraudulent websites, or attempt to steal personal information.
🌐 Positive Milestone: Shibarium's Remarkable Achievement!
Amidst these cautionary messages, there's a glimmer of hope. Shibarium, the Layer 2 scaling solution for Shiba Inu, has surpassed 250 million total transactions within a year of its launch. 🎉 This milestone reflects the growing adoption and potential of this innovative technology.$
🛡️ Stay Informed, Stay Safe: Defend the Shiba Inu Community!
👁️ For real-time updates and genuine information, follow The Blockopedia!
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #cryptocurrency #crypto2024SpaceCatch $SHIB
🔍 The Shiba Inu community is facing a critical situation with a surge in false claims and deceptive tokens infiltrating the ecosystem. 🚷 Official sources, including Davinci and RagnarShib from the Shiba Inu Discord channel, have issued urgent warnings against these scams.
🚫 Unauthorized Tokens: "TREAT" and "SHI" - A Clear Warning from Shiba Inu Team!
The Shiba Inu team explicitly states that unauthorized tokens named "TREAT" and "SHI" have not been officially launched. Attempting to purchase these tokens is a scam and poses a significant risk.
🛑 Buying these fake tokens will not grant access to Shiba Inu ecosystem projects like SHIB The Metaverse, Shiba Eternity, or ShibaHub, nor connect users to official decentralized applications (dApps) like Shib.io.
💡 Key Warnings from Lucie, Shiba Inu Team Member: Stay Vigilant!
Lucie, a member of the Shiba Inu team, reiterates the warnings, emphasizing that the real TREAT token has not been released. The community is urged to stay vigilant against impersonators and scammers who may create fake accounts, spread false information, redirect users to fraudulent websites, or attempt to steal personal information.
🌐 Positive Milestone: Shibarium's Remarkable Achievement!
Amidst these cautionary messages, there's a glimmer of hope. Shibarium, the Layer 2 scaling solution for Shiba Inu, has surpassed 250 million total transactions within a year of its launch. 🎉 This milestone reflects the growing adoption and potential of this innovative technology.$
🛡️ Stay Informed, Stay Safe: Defend the Shiba Inu Community!
👁️ For real-time updates and genuine information, follow The Blockopedia!
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #cryptocurrency #crypto2024SpaceCatch $SHIB
💹 If You'd Invested $200 in Shiba Inu in 2020, This Is How Much You'd Have Now 🚀💰
🗓️ Investment Journey: Shiba Inu (CRYPTO: SHIB) launched on Aug. 1, 2020, as a playful parody of Dogecoin. Starting at $0.000000000056, it soared to an all-time high of $0.00008616 on Oct. 28, 2021. Today, it trades at $0.00000947. A $200 investment briefly touched $307.7 million before settling at about $34.2 million, outperforming Bitcoin's growth to $740 during the same period.
🚀 Why the Surge?
Initially considered a joke, Shiba Inu gained momentum in 2021, driven by:
Social Media Buzz: Retail investors fueled by social media hype.
FOMO: Fear of Missing Out on crypto gains.
ShibaSwap Launch: A decentralized exchange offering coin trading and interest earnings.
Coinbase Listing: Enhanced visibility and accessibility.
Merchant Acceptance: Adoption by companies like AMC.
Elon Musk's Tweets: Celebrity endorsements adding to the hype.
📉 Pullback and Recovery:
As prices soared, investors cashed out, and macroeconomic factors led to a crypto winter in 2022. Shiba Inu, however, continued expanding its ecosystem with ShibaDEX, a Shiba-themed metaverse, and its own blockchain protocol, Shibarium.
Despite challenges, Shiba Inu's price rose 20% in the past 12 months, but it remains below its all-time high.
🚀 Future Catalyst: Shibarium Launch!
Shiba Inu aims for a resurgence with the recent launch of Shibarium, a new blockchain protocol supporting decentralized apps (dApps) on the Ethereum network. The Shiba Hub streamlines dApp creation, attracting developers and potentially propelling Shiba Inu back to its all-time highs.
🌐 Stay Updated with The Blockopedia for Crypto Insights!
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInuSurge #cryptocurrency #crypto2024
🗓️ Investment Journey: Shiba Inu (CRYPTO: SHIB) launched on Aug. 1, 2020, as a playful parody of Dogecoin. Starting at $0.000000000056, it soared to an all-time high of $0.00008616 on Oct. 28, 2021. Today, it trades at $0.00000947. A $200 investment briefly touched $307.7 million before settling at about $34.2 million, outperforming Bitcoin's growth to $740 during the same period.
🚀 Why the Surge?
Initially considered a joke, Shiba Inu gained momentum in 2021, driven by:
Social Media Buzz: Retail investors fueled by social media hype.
FOMO: Fear of Missing Out on crypto gains.
ShibaSwap Launch: A decentralized exchange offering coin trading and interest earnings.
Coinbase Listing: Enhanced visibility and accessibility.
Merchant Acceptance: Adoption by companies like AMC.
Elon Musk's Tweets: Celebrity endorsements adding to the hype.
📉 Pullback and Recovery:
As prices soared, investors cashed out, and macroeconomic factors led to a crypto winter in 2022. Shiba Inu, however, continued expanding its ecosystem with ShibaDEX, a Shiba-themed metaverse, and its own blockchain protocol, Shibarium.
Despite challenges, Shiba Inu's price rose 20% in the past 12 months, but it remains below its all-time high.
🚀 Future Catalyst: Shibarium Launch!
Shiba Inu aims for a resurgence with the recent launch of Shibarium, a new blockchain protocol supporting decentralized apps (dApps) on the Ethereum network. The Shiba Hub streamlines dApp creation, attracting developers and potentially propelling Shiba Inu back to its all-time highs.
🌐 Stay Updated with The Blockopedia for Crypto Insights!
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInuSurge #cryptocurrency #crypto2024
Analyst Predicts 300% Surge For Shiba Inu Price Amid Hidden Bullish Divergence
Shiba Inu price eyes a 300% surge as analysts highlight a hidden bullish divergence. Increased active addresses and network growth signal rising adoption.
Analyst Forecasts 300% Rally for Shiba Inu Price Amid Hidden RSI Divergence
On November 10th, the crypto market witnessed an extended recovery primarily triggered by the Donald Trump victory in the 2024 presidential election. Amid such dynamic change, the top memecoin often provides a rapid and high-momentum rally due to its volatile nature.
Thus, the popular dog-themed meme cryptocurrency Shiba Inu sharply recovered from $0.00001685 to $0.000025, registering a 49% surge. Consecutively, the SHIB’s market cap pumped to $14.93 Billion.
Amid the roaring Bitcoin market, crypto analyst Javon Marks highlights a bullish outlook for Shiba Inu price amid the formation of hidden bull divergence. This bullish continuation setup emerges when the momentum indicator RSI (relative strength index) forms a lower low against the higher low formation in price.
“Theoretically, this suggests that sellers’ attempts to initiate a corrective trend, as evidenced by a lower RSI, have failed. Instead, the price formed a higher high, highlighting sustained demand pressure.”
Expanding on Mark’s analysis, the Shiba Inu price gave the necessary breakout from $0.00002, signaling its escape from a 5-month consolation. The recent surge has significantly covered the 300% potential for the target to $0.000081, as the current price shows it is 214% away.
The analysis also shared an extended crypto bull target of $0.00015.
Source: x
SHIB Adoption Accelerates with Surge in Active Addresses and Growth
According to Santiment data, Shiba Inu (SHIB) has seen a significant spike in 24-hour active addresses, reaching 5,184, alongside a surge in network growth to 3,045. This indicates increased user activity and growing adoption of the SHIB network, signaling heightened investor interest and potentially strengthening the token’s fundamentals. Such activity often correlates with bullish price action and a growing ecosystem.
Source: Santiment
However, the asset price often enters a temporary correction after a significant rally to recuperate the bullish momentum. Thus, the Shiba Inu price prediction could revisit the $0.00002 level to seek support.
Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research. Information source trading view, Santiment and online media.
#shiba⚡ #Shibalnu #ShibaInuSurge #ShibaInuUpdate
#ShibaInuToken
Analyst Forecasts 300% Rally for Shiba Inu Price Amid Hidden RSI Divergence
On November 10th, the crypto market witnessed an extended recovery primarily triggered by the Donald Trump victory in the 2024 presidential election. Amid such dynamic change, the top memecoin often provides a rapid and high-momentum rally due to its volatile nature.
Thus, the popular dog-themed meme cryptocurrency Shiba Inu sharply recovered from $0.00001685 to $0.000025, registering a 49% surge. Consecutively, the SHIB’s market cap pumped to $14.93 Billion.
Amid the roaring Bitcoin market, crypto analyst Javon Marks highlights a bullish outlook for Shiba Inu price amid the formation of hidden bull divergence. This bullish continuation setup emerges when the momentum indicator RSI (relative strength index) forms a lower low against the higher low formation in price.
“Theoretically, this suggests that sellers’ attempts to initiate a corrective trend, as evidenced by a lower RSI, have failed. Instead, the price formed a higher high, highlighting sustained demand pressure.”
Expanding on Mark’s analysis, the Shiba Inu price gave the necessary breakout from $0.00002, signaling its escape from a 5-month consolation. The recent surge has significantly covered the 300% potential for the target to $0.000081, as the current price shows it is 214% away.
The analysis also shared an extended crypto bull target of $0.00015.
Source: x
SHIB Adoption Accelerates with Surge in Active Addresses and Growth
According to Santiment data, Shiba Inu (SHIB) has seen a significant spike in 24-hour active addresses, reaching 5,184, alongside a surge in network growth to 3,045. This indicates increased user activity and growing adoption of the SHIB network, signaling heightened investor interest and potentially strengthening the token’s fundamentals. Such activity often correlates with bullish price action and a growing ecosystem.
Source: Santiment
However, the asset price often enters a temporary correction after a significant rally to recuperate the bullish momentum. Thus, the Shiba Inu price prediction could revisit the $0.00002 level to seek support.
Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research. Information source trading view, Santiment and online media.
#shiba⚡ #Shibalnu #ShibaInuSurge #ShibaInuUpdate
#ShibaInuToken
"Shiba Inu Lead Declares Burning 99.9% of SHIB Not an Impossible Feat!"
The lead developer of the Shiba Inu ecosystem has argued that eliminating 99.9% of Shiba Inu’s circulating supply is not impossible.
Read more on: https://thecryptobasic.com/2023/12/23/shiba-inu-leader-says-burning-99-9-of-shiba-inu-is-not-impossible/
#Shiba.Inu-SHIB #Shibburning #ShibaInuEcosystem #ShibaInuSurge #CryptonewswithJack
Read more on: https://thecryptobasic.com/2023/12/23/shiba-inu-leader-says-burning-99-9-of-shiba-inu-is-not-impossible/
#Shiba.Inu-SHIB #Shibburning #ShibaInuEcosystem #ShibaInuSurge #CryptonewswithJack
🚀 Shiba Inu (SHIB) Rockets Up 1,173% as Whales Spark Intriguing Surge! 🌐💹
Shiba Inu (SHIB), the dog-themed cryptocurrency, has experienced an astronomical 1,173% surge in the last 24 hours, leaving the crypto community buzzing with excitement! 🚀📈 What's causing this unprecedented move? Let's uncover the intriguing details.
🐋 Whale Activity Hits Record Levels: Unveiling the Zero-Eliminating Mission!
In a surprising twist, some of the largest SHIB holders, known as whales, are on a zero-eliminating mission, making substantial moves in the last 24 hours. 🌊🔄 Blockchain analytics from IntoTheBlock reveal that large transactions (valued at $100,000 or more) have skyrocketed by an astonishing 1,173.58%, reaching 5.15 trillion SHIB, equivalent to $47.64 million!
💡 Insightful Note: Surge in large transactions often signals significant whale activity, indicating substantial movements in the market.
📊 On-Chain Activity Soars: What Lies Behind the Surge?
The overall on-chain activity has witnessed a remarkable increase, recording 6.48 trillion SHIB in the last 24 hours, up from 1.61 trillion on Jan. 18. This surge aligns with a rebound in SHIB's price, climbing nearly 5% in the same period.
📈 SHIB Price Action: Bulls Persist in Zero-Erasing Endeavors!
After a significant drop to lows of $0.00000878, SHIB's price has rebounded, marking a 2.31% gain in the last 24 hours, reaching $0.00000947. Bulls are actively working to erase a zero from the SHIB price, with the next target set at the daily MA 50 at $0.000010.
🌐 Shibarium Milestone Approaches: Navigating Towards 300 Million Total Transactions!
Shiba Inu's Layer 2 solution, Shibarium, is nearing a remarkable milestone with almost 300 million total transactions. The Shibariumscan explorer reports 296,739,458 total transactions, 1,342,391 wallet addresses, and 2,739,095 total blocks.
🚀 Stay Tuned for the Next Chapter: Follow The Blockopedia for Crypto Updates! 📰🔗
#ShibaInuSurge #ShibaPrediction #ShibaPriceAnalysys #cryptocurrency #crypto2024
Shiba Inu (SHIB), the dog-themed cryptocurrency, has experienced an astronomical 1,173% surge in the last 24 hours, leaving the crypto community buzzing with excitement! 🚀📈 What's causing this unprecedented move? Let's uncover the intriguing details.
🐋 Whale Activity Hits Record Levels: Unveiling the Zero-Eliminating Mission!
In a surprising twist, some of the largest SHIB holders, known as whales, are on a zero-eliminating mission, making substantial moves in the last 24 hours. 🌊🔄 Blockchain analytics from IntoTheBlock reveal that large transactions (valued at $100,000 or more) have skyrocketed by an astonishing 1,173.58%, reaching 5.15 trillion SHIB, equivalent to $47.64 million!
💡 Insightful Note: Surge in large transactions often signals significant whale activity, indicating substantial movements in the market.
📊 On-Chain Activity Soars: What Lies Behind the Surge?
The overall on-chain activity has witnessed a remarkable increase, recording 6.48 trillion SHIB in the last 24 hours, up from 1.61 trillion on Jan. 18. This surge aligns with a rebound in SHIB's price, climbing nearly 5% in the same period.
📈 SHIB Price Action: Bulls Persist in Zero-Erasing Endeavors!
After a significant drop to lows of $0.00000878, SHIB's price has rebounded, marking a 2.31% gain in the last 24 hours, reaching $0.00000947. Bulls are actively working to erase a zero from the SHIB price, with the next target set at the daily MA 50 at $0.000010.
🌐 Shibarium Milestone Approaches: Navigating Towards 300 Million Total Transactions!
Shiba Inu's Layer 2 solution, Shibarium, is nearing a remarkable milestone with almost 300 million total transactions. The Shibariumscan explorer reports 296,739,458 total transactions, 1,342,391 wallet addresses, and 2,739,095 total blocks.
🚀 Stay Tuned for the Next Chapter: Follow The Blockopedia for Crypto Updates! 📰🔗
#ShibaInuSurge #ShibaPrediction #ShibaPriceAnalysys #cryptocurrency #crypto2024
"Shiba Inu Soars: Profits Multiply as SHIB Breaks $0.00001 Barrier for the Nine Days in a Row!"
Shiba Inu’s stint above the $0.00001 mark means more holders have crossed the chasm from being in losses to profit.
Read more on: https://thecryptobasic.com/2023/12/27/here-are-shiba-inu-holders-in-profit-as-shib-trades-above-0-00001-for-nine-straight-days/
#Shiba.Inu-SHIB #ShibaInuSurge #ShibaInuEcosystem #crypto2024SpaceCatch #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2023/12/27/here-are-shiba-inu-holders-in-profit-as-shib-trades-above-0-00001-for-nine-straight-days/
#Shiba.Inu-SHIB #ShibaInuSurge #ShibaInuEcosystem #crypto2024SpaceCatch #CryptoNews🔒📰🚫
Shiba Inu Steady At $0.00001: How Many SHIB Holders Are in Profit?
Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the SHIB team has been working relentlessly on different projects for the community. However, it seems that many holders in the Shiba Inu community are at a loss.
With Shiba Inu holding above $0.00001, let us look at how many SHIB holders are in profit currently.
37% of Shiba Inu holders are at a profit
Details from IntoTheBlock reveal that 37% of the total holders are in profit. Moreover, 7% of the holders are neutral, whereas 57% of the Shiba Inu holders are at a loss.
One positive thing is that 75% of the holders have been in it for over a year. Additionally, 22% of the holders have been holding for one month to 12 months, and 3% of the holders have been holding for less than a month.
At press time, SHIB is trading at $0.00001018, with a 2.4% drop in value over the last 24 hours. For the majority of the holders to shine in profit, SHIB should exhibit an exceptional performance that can breach its previous all-time high of $0.00008845.
#ShibaInuSurge #dyor
Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the SHIB team has been working relentlessly on different projects for the community. However, it seems that many holders in the Shiba Inu community are at a loss.
With Shiba Inu holding above $0.00001, let us look at how many SHIB holders are in profit currently.
37% of Shiba Inu holders are at a profit
Details from IntoTheBlock reveal that 37% of the total holders are in profit. Moreover, 7% of the holders are neutral, whereas 57% of the Shiba Inu holders are at a loss.
One positive thing is that 75% of the holders have been in it for over a year. Additionally, 22% of the holders have been holding for one month to 12 months, and 3% of the holders have been holding for less than a month.
At press time, SHIB is trading at $0.00001018, with a 2.4% drop in value over the last 24 hours. For the majority of the holders to shine in profit, SHIB should exhibit an exceptional performance that can breach its previous all-time high of $0.00008845.
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