Shiba Inu Optimizes Official Blog for New Audiences
Shiba Inu celebrated its 3-year anniversary on July 31, 2023, and to attract new audiences, the team has optimized its official blog for Chinese, Hindi, Japanese, Turkish, and Spanish readers. This move aims to expand the reach of the Shiba Inu project and potentially trigger positive price movement for the cryptocurrency.
Main Points:
- Shiba Inu introduced new product updates leading up to its 3-year anniversary, including a native Cold Wallet, Shibarium network upgrade, and a SHIB–Ethereum bridge.
- Santiment reports a significant increase in SHIB Social Volume, indicating a rise in media interest and awareness.
- Transaction Volume for SHIB has also grown, suggesting increased market demand and investor interest in the SHIB network.
- Based on on-chain indicators, there is a possibility of Shiba Inu price gains in the coming weeks, with a potential rally toward $0.000010.
- The bulls must flip the $0.000009 resistance for Shiba Inu gains to surpass $0.00001.
Hot Take:
With the optimization of Shiba Inu’s official blog for new audiences and the increase in social and transaction volume, there is a potential for price gains in the coming weeks. However, breaking the resistance at $0.000009 and surpassing $0.00001 will be crucial for the bulls. Keep an eye on the market and investor sentiment to see if Shiba Inu can reach its rally target of $0.000010.