Tamadoge, yet another best ERC20 token, takes a unique approach by combining meme coin concepts with play-to-earn (P2E) game features. However, Tamadoge is a good option because it is in the spotlight, and its price may skyrocket after the presale.
Given Shiba Inu’s bearish bias, investors appear to be looking for other meme coins. Is it Time to Buy Shiba Inu or Tamadoge Before $1? Because the coin was oversold, we could see SHIB exhibit a bullish correction until the 23.6% and 38.2% Fibonacci retracement levels at $0.00001331 and $0.00001362, respectively.Ī further bullish breakout of the $0.00001362 level could extend the bullish trend until the $0.00001420 level, representing a 61.8% Fibonacci retracement. On the other hand, an ascending trendline on the 4-hour timeframe will almost certainly drive an uptrend in SHIB. If SHIB breaks below $0.0000127, it will be exposed to an immediate support area at $0.0000122. Shiba Inu has entered the oversold zone and has found strong support at the $0.0000127 level. Shiba Inu Price Slips 15% – Quick Technical Outlook The lack of momentum in SHIB may have contributed to the price drop, which supports a bearish trend. Even if the burn rate was reduced by up to 79%, the intensive and numerous SHIB burn transactions resulted in over 1 million SHIB tokens. Over time, the burnt volume supported the increasing token value of memes. A massive 410.37 trillion SHIB tokens, or approximately 16.2 million SHIB tokens, were instantly burned on August 18. This news will increase interest in the Shiba Inu currency, potentially benefiting the SHIB/USD exchange rate. Wow, we had to increase the gameplay server capacity FIFTY-FOLD to deal with the players coming in from the Vietnam test launch! #ShibaEternity #PetYourShiboshi He tweeted that the company had to fifty-fold the capacity of the game’s server due to higher-than-expected demand. Volk is the CEO of Shiba Inu Games, which recently conducted a test launch of Shiba Eternity in Vietnam. William Volk, a gaming industry expert, tweeted on August 16 that Shiba Eternity is already a success in Vietnam. The announcement shook the cryptocurrency world, but it also sparked discussion about Shiba Inu whales’ role in driving up the price of SHIB/USD and profiting from it.
Shiba Inu whales increased the price of SHIB by 42% in three days in August 2022, indicating a bullish trend or breakout. The whale holdings of the SHIB are now worth $1.89 billion, or 5.91% of its total assets. The 500 largest whale accounts on the network have amassed approximately 119 billion SHIB purchased during the price drops from July to August of 2022.
For the first time since April 12, Shiba Inu reported 463 whale transactions of $100,000 or more on August 15. The circulating supply is 549,063,278,876,302 SHIB coins the maximum supply is unknown. Shiba Inu has dropped 11.52% in the last 24 hours and began trading at $0.00001349 during the day, it reached a high of $0.00001359 and a low of $0.00001268.ĬoinMarketCap currently ranks #12 with a live market cap of $7.2 billion. The current Shiba Inu price is $0.000013, and the 24-hour trading volume is $921.5 million. It will significantly impact SHIB/USD, and the price decline may be slowed. In contrast to older exchanges, newly established crypto exchanges appear to add popular currencies like Shiba Inu to their trading listings. we've listed #Shib on, do you want to see #Bone listed now? #SHIBARMY #shibainu #shiba /ioesqZLQ3N.
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