Shiba Inu Price and Trading Volume
Shiba Inu is currently trading at $0.00001, with a 2.1% increase in the last 24 hours. The token’s trading volume has also slightly increased by 0.56% in the previous 24 hours.
Shiba Inu’s Bullish Momentum
Over the past seven days, Shiba Inu has experienced a rise in price by 16.2%, and in the last 14 days, the price has increased by 27.7%. In the last 30 days, the token has recorded significant gains of over 32%. These positive trends indicate the token’s ability to stay above water and maintain stability.
The Impact of Shibarium’s Launch
Shibarium, an Ethereum layer-2 platform for SHIB tokens, is set to launch in August. This platform is expected to enhance the scalability of SHIB tokens and attract more investors, acting as a catalyst for growth.
Potential Partnerships and Positive Market Outlook
The Shiba Inu community has hinted at upcoming partnerships, which could have a positive impact on the token’s market analysis in the short or long term.
Technical Analysis of Shiba Inu
The SHIB/USD pair is currently trading above the 200-Day and 50-Day Simple Moving Average indicators, indicating a bullish sentiment. The MACD indicator is above the signal line, suggesting positive momentum. However, the RSI level of 67 indicates that the coin may be slightly overbought, potentially signaling a slowdown or minor correction.
The Launch of Shibie Coin
Shibie Coin, inspired by the success of the Barbie movie, is set to launch with a market cap of $833,000. The token’s features include liquidity provision on decentralized and centralized exchanges, as well as a marketing strategy allocating 20% of the token supply for marketing purposes. The development team is also creating a Shibie bot powered by AI for Telegram messaging.
Shibie Presale and Potential Price Increase
The Shibie presale has already raised over $300,000, with 72 days remaining. With a price of $0.000167, there is a strong possibility of significant price growth. Potential investors can participate in the presale by connecting their wallets to the official website and purchasing with ETH or BNB.
Hot Take:
Shiba Inu and Shibie Coin both show promising signs of growth and potential. While Shiba Inu’s recent price movements and upcoming partnerships contribute to its bullish momentum, Shibie Coin’s unique features and marketing efforts make it an enticing option for investors. Both tokens have the potential for significant price increases, making them worth considering in the crypto market.
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