TronWeekly

Crypto World News

You are here: Home / Search for "shiba inu"

Search Results for: shiba inu

Shiba Inu Whales Unleash Buying Frenzy

by

  • Over 1.6 trillion Shiba inu tokens have been withdrawn from exchanges, fueling speculation of a potential price surge.
  • November has historically been a strong month for Shiba inu, with an average return of over 7%.
  • While the recent developments are positive, investors should exercise caution due to the volatile nature of the cryptocurrency market.

The Shiba Inu community is stoked as a whopping 1.6 trillion SHIB tokens have been withdrawn from exchanges in the past 24 hours. As per data, this massive outflow of tokens from centralized exchanges has sparked speculation about a potential price surge for the popular meme coin.

Historical data reveals that similar large-scale withdrawals have led to significant price rallies for SHIB. This action has prompted many investors and traders to believe that the recent outflow of tokens could be a bullish signal for the cryptocurrency.

Shiba inu
Shiba Inu Whales Unleash Buying Frenzy 2

While there is no definitive explanation for the sudden surge in withdrawals, several theories have cropped up. Some analysts speculate that large-scale investors or whales are accumulating SHIB tokens in anticipation of a future price increase. Others suggest that the recent positive sentiment surrounding the SHIB ecosystem, including the launch of the Shibarium layer-2 solution, has piqued investor interest.

Shiba Inu’s November Price Trends

That said, a recent report highlighted recurring patterns in SHIB’s performance, emphasizing November’s historical strength with an average return of over 7%. Investors might interpret this as a signal to hold, anticipating further gains in the coming weeks.

It’s important to note that while the recent outflow of tokens and the bullish report are positive developments, they do not guarantee an immediate price surge. Several factors, including broader market conditions and overall investor sentiment, can influence the price of SHIB.

As the SHIB community eagerly awaits the potential price impact of these massive withdrawals, it’s crucial to approach any investment decision with caution and conduct thorough research. The cryptocurrency market is highly volatile, and prices can fluctuate rapidly.

Shiba Inu’s Seasonal Surprise: A Bullish November?

by

  • A recent seasonality report suggests a potential bullish phase for Shiba Inu, particularly in November.
  • Combination of bullish market sentiment and the possibility of favorable crypto tax policies under a potential new administration has fueled interest in SHIB.
  • Many Shiba Inu investors are holding onto their positions, with hopes of significant gains in the coming years, especially if there are changes to crypto taxation.

A recent report suggests that Shiba Inu is on the brink of a bullish trend. Barchart, a trusted source for market analytics, recently released a seasonality report on Shiba Inu (SHIBUSD), hinting at a potentially bullish phase. The study highlights recurring patterns in SHIB’s performance, emphasizing November’s historical strength with an average return of over 7%. Investors might interpret this as a signal to hold, anticipating further gains in the coming weeks.

Shiba Inu
Shiba Inu's Seasonal Surprise: A Bullish November? 4

However, a broader perspective points to 2025 as the pivotal year for crypto holders. Speculation surrounding Donald Trump’s economic-friendly policies suggests that his potential re-election could bring favorable changes to crypto taxation. Reports indicate he might waive the 30-40% capital gains tax, incentivizing long-term holding and fostering an ideal environment for crypto growth.

Shiba Inu Soars: Newbie Investors Fuel the Rally

All these could have triggered a frenzy among newbie investors who are increasingly emboldened to speculative trading in riskier assets such as meme coins. This is evidenced by the number of Shiba Inu holders which has reached a record high of 1,427,381, indicating strong community support and growing investor interest. This bullish sentiment, coupled with the potential catalyst of the upcoming US presidential inauguration, could further fuel the rally.

“Consolidation phase looks like it’s closing. Now we accumulate til the next catalyst which IMO (Not advice) looks like January 20th during the inaugural ceremony of the next President of the United States of America. Who is pro-cryptocurrency,” a market observer wrote.

For now, many Shiba Inu investors are adopting a patient stance, with eyes set not just on the moon but beyond, as they prepare for the possibility of a tax-advantaged “Trump Economy.”

Shiba Inu’s Bullish Pennant Formation Signals Potential Rally

by

  • Shiba Inu displays a strong bullish technical pattern, indicating the potential for significant price growth.
  • A recent surge in the SHIB burn rate has reduced the circulating supply, which could positively impact the token’s price.
  • The Shiba Inu development team has unveiled plans for a major marketing push in 2024, which could attract new investors and boost the token’s visibility.

Shiba Inu (SHIB), the popular meme coin, is flashing signs of a potential breakout. Technical analysis has pointed out a bullish pennant formation accompanied by decent trading volume. This technical pattern often precedes a significant price surge.  This, combined with a recent burn rate of 6200%, has strengthened bullish sentiment, reflecting the law of supply and demand.

In the 1-hour chart, a bullish pennant has emerged which indicates a period of consolidation before the next big move. This bullish pattern, along with increasing trading volume and a surge in the burn rate, suggests that SHIB is gearing up for a potential price surge.

As per Shibburn data, 290,321 tokens were sent to dead wallets or permanently removed from circulation. This uptick in burn activity underscores the community’s initiative and the heightened interest in the meme coin as market supply tightens. A weekly reduction of 135 million SHIB tokens has fueled the bullish sentiment.

To top that, the number of Shiba Inu holders has reached a record high of 1,427,381, indicating strong community support and growing investor interest. This bullish sentiment, coupled with the potential catalyst of the upcoming US presidential inauguration, could further fuel the rally.

Shiba Inu
Source: ChiefofTradez

Shiba Inu’s consolidation phase looks like it’s closing. Now we accumulate til the next catalyst which IMO (Not advice) looks like January 20th during the inaugural ceremony of the next President of the United States of America. Who is pro-cryptocurrency?

Shiba Inu Developer Teases Aggressive Marketing Plans for 2024

While it’s important to note that cryptocurrencies are highly volatile assets, the current market conditions and technical indicators suggest that Shiba Inu may be poised for a significant upward move.

Meanwhile, Shiba Inu’s Shytoshi Kusama has sent out a teaser hinting at a major marketing push in 2024. Kusama, a key developer of the project, recently announced that an extensive marketing plan has been approved by the Shiba Inu team.

While specific details are not yet revealed, Kusama urged the Shiba Inu community to reach out to their favorite cryptocurrency exchanges and voice their support for the project. This suggests that the marketing campaign may involve significant exchange listings or partnerships.

Shiba Inu Price Risks Deepen After Whale Moves $99M SHIB

by

  • Shiba Inu drops 7% аmid broаdеr crypto mаrkеt downturn triggеrеd by Federal Reserve’s cаutious stаncе.
  • A mаssivе 4 trillion SHIB tokеn trаnsfеr spаrks concеrns аbout а potеntiаl sеll-off аnd pricе volаtility.
  • Anаlysts prеdict Shiba Inu’s rеcovеry to $0.00003200, with а bullish long-tеrm outlook dеspitе rеcеnt downturn.

Shiba Inu (SHIB) hаs droppеd 8% in thе pаst 24 hours, mirroring broаdеr mаrkеt trеnds аs thе Federal Reserve аdopts а cаutious аpproаch to monеtаry policy. Chairman Jerome Powell’s commеnts on thе lаck of urgеncy to lowеr intеrеst rаtеs hаvе rеducеd invеstor аppеtitе for high-risk аssеts likе SHIB.

Adding fuеl to thе uncеrtаinty, Whale Alerts flаggеd а mаssivе trаnsаction involving 4 trillion SHIB tokеns, vаluеd аt $99 million. Thе trаnsfеr occurrеd bеtwееn two unidеntifiеd wаllеts, spаrking concеrns аbout а potеntiаl sеll-off. Such lаrgе movеmеnts by whаlеs oftеn unsеttlе smаllеr invеstors, stirring fеаrs of furthеr pricе volаtility аnd mаrkеt dеclinеs.

Whale Alert SHIB
Source: Whale Alert

Crypto аnаlyst MаdWhаlе аddеd to thе bеаrish sеntimеnt with а rеcеnt TrаdingViеw post. Thе аnаlyst projеctеd thаt SHIB could fаcе а stееp dеclinе towаrd its nеxt lowеr Fibonаcci support lеvеl, еstimаtеd just аbovе $0.000020. This аnаlysis undеrscorеs thе potеntiаl for nеаr-tеrm pricе corrеctions.

Shiba Inu chart
Source: MаdWhаlе

Potential Shiba Inu Price Surge After Dip

Dеspitе looming concеrns, MаdWhаlе rеmаins optimistic аbout Shiba Inu’s long-tеrm prospеcts. Thе аnаlyst prеdictеd а robust rеcovеry following thе аnticipаtеd dip, with pricеs potеntiаlly rаllying to $0.00003200 in thе initiаl phаsе of thе rеbound. According to MаdWhаlе, а surgе in trаding volumе аnd strong community support аrе kеy drivеrs bеhind thеir positivе outlook.

Shiba Inu’s growth prospеcts аrе furthеr supportеd by its corrеlаtion with Bitcoin, which currеntly stаnds аt 0.91, аccording to IntoThеBlock dаtа. This strong corrеlаtion impliеs thаt аny significаnt movеmеnt in Bitcoin could dirеctly impаct SHIB’s pricе trаjеctory. Notаbly, Bitcoin’s rеcеnt rаlly pаst $90,000 hаs indirеctly bolstеrеd SHIB’s pеrformаncе.

Dogеcoin’s pаrаbolic risе hаs аlso contributеd to Shiba Inu’s rаlly duе to thеir pricе corrеlаtion. Howеvеr, аnаlysts likе Kеvin Cаpitаl wаrn of аn impеnding Dogеcoin corrеction, which could potеntiаlly drаg Shiba Inu down аs wеll.

Shiba Inu Eyes ATH Break by 2025

Not аll аnаlysts shаrе а cаutious outlook. In а rеcеnt X post, crypto аnаlyst Invеsting Hаvеn forеcаstеd thаt SHIB could risе to $0.0000444 by thе еnd of thе yеаr, аligning with thе 25% Fibonаcci rеtrаcеmеnt. Thе аnаlyst highlightеd Octobеr’s dip, whеrе buyеrs stеppеd in, rеinforcing а bullish sеtup for thе tokеn.

Invеsting Hаvеn аlso shаrеd аn ultrа-bullish vision for 2025, suggеsting thаt thе cryptocurrеncy could rаlly to $0.00007436. This would still fаll short of thе tokеn’s аll-timе high (ATH) of $0.000088. Mеаnwhilе, crypto аnаlyst Jаvon Mаrks prеdictеd thаt Shiba Inu would not only rеvisit its ATH but аlso surpаss it in thе coming yеаrs.

Related Readings | Ethereum ETF Inflows Hit $146M as Fidelity Leads, ETH Eyes $4K

Shiba Inu Sparks Massive Investor Interest: 41,300 Mentions

by

  • Shiba Inu’s marketing lead, Lucie, predicts a potential rally to $0.00006, highlighting SHIB’s strong market position.
  • SHIB would need a 165% increase to reach Lucie’s $0.00006861 target, though it remains below its all-time high.
  • With over 41,300 mentions on X, SHIB’s growing popularity reflects bullish investor sentiment for a potential Altcoin Season rally.

Shiba Inu (SHIB) continues to capture the attention of investors and crypto enthusiasts. With its recent market movements, Shiba Inu’s marketing lead, Lucie, expressed confidence in the token’s position. Through a recent tweet, Lucie shared insights and a bullish outlook, suggesting a potential surge that could bring SHIB to a price target of $0.00006.

Lucie emphasized that SHIB is “doing just fine,” showing a chart that highlights SHIB’s impressive lifetime performance. As of November 11, SHIB stood at $0.00002619, achieving a stunning gain of 1,958,563% against the dollar and 370,817% against Bitcoin since its inception. This astronomical rise underscores SHIB’s journey from a speculative asset to a widely recognized token in the crypto world.

Screenshot 349
Source

In her forecast, Lucie set a price target of $0.00006861 for SHIB, hinting at the possibility of a further rally. Although she didn’t specify a timeline, her tweet triggered fresh interest in the token’s performance and its potential rally toward this ambitious target. Just hours after her statement, SHIB surged to a seven-month high of $0.00003031 before retreating below the $0.00003 mark.

SHIB currently trades around $0.00002594, signaling that it would need to surge by roughly 165% to meet Lucie’s target of $0.00006861. However, even if SHIB achieves this milestone, it will remain 20.36% below its all-time high (ATH) of $0.00008616, set in October 2021.

Despite the recent uptrend, Lucie cautioned that the current market phase does not indicate an “Altcoin Season.” Historically, altcoin season refers to a period when altcoins significantly outperform Bitcoin. Presently, Bitcoin’s rally is leading the broader market surge, indirectly influencing SHIB and other altcoins.

Growing Interest and Investor Sentiment in Shiba Inu

SHIB’s recent market momentum has not gone unnoticed. Lucie pointed out that SHIB was trending on social media platform X (formerly Twitter), specifically within the Business & Finance niche. In a span of hours, over 41,300 posts mentioned SHIB, showcasing the token’s growing appeal and rising interest among investors. Proponents of SHIB believe the token could achieve a new all-time high, aiming for a price of $0.0001 or above.

Although the exact timeline for SHIB’s potential surge remains uncertain, market sentiment is undeniably bullish. Investors appear optimistic about the token’s future, particularly with the possibility of an upcoming Altcoin Season. This optimism is fueled by expectations of a breakout, potentially positioning SHIB to revisit, or even exceed, its ATH.

As SHIB investors look forward to the potential rally, Lucie’s positive sentiment and SHIB’s trending status suggest a continued stronghold for this popular meme token in the market. Whether it’s poised to reach a new high or not, Shiba Inu’s journey remains one of resilience and intrigue.

Shiba Inu Leader’s Massive Defense: Could PEPE Mirror SHIB’s 2021 Gains?

by

  • Major listings boosted PEPE’s trading volume by 228%, reaching $20.62 billion in 24 hours and making it the sixth most-traded cryptocurrency.
  • Max from BecauseBitcoin predicts PEPE could gain 858%, mirroring Shiba Inu’s 2021 rise.
  • Shiba Inu’s lead, Shytoshi Kusama, defended SHIB’s innovation, announcing an educational campaign to highlight its ecosystem and achievements.

In the world of memecoins, few stories are as explosive as Shiba Inu’s (SHIB) 2021 rally. Max, CEO of BecauseBitcoin, is drawing bold parallels between SHIB’s historic surge and the current trajectory of PEPE. According to his analysis, PEPE might be on the brink of a similar meteoric rise, especially after securing major listings on Coinbase and Robinhood.

These high-profile listings have already had a profound impact on PEPE’s trading activity. Following its debut on these platforms, PEPE’s trading volume shot up by an impressive 228%, reaching a staggering $20.62 billion in just 24 hours. This jump in activity has pushed PEPE to the sixth position in the most-traded cryptocurrencies, representing 5.45% of the total crypto market volume. Such momentum is sparking interest, with Max predicting that PEPE could experience gains as high as 858% over the coming months.

The dramatic increase in PEPE’s price and trading volume mirrors the SHIB phenomenon in 2021, which saw an unprecedented 864% surge in a short span after a similar phase of mainstream exposure. At its peak, SHIB reached $0.00008845, capturing significant attention and even challenging Dogecoin’s market cap. Max argues that a similar trajectory for PEPE could send its price to $0.00019, driving its market cap to $80 billion—higher than both Dogecoin’s ($57.3 billion) and SHIB’s ($15.04 billion).

While these predictions remain speculative, the metrics paint a compelling picture. PEPE’s value climbed 186% since Nov. 4, reaching an all-time high of $0.00002596. With growing interest, particularly from retail investors seeking the next big meme coin, the numbers could set the stage for a new milestone in the meme coin market.

Shiba Inu’s Journey and Community Defense

Meanwhile, the Shiba Inu community has faced criticism regarding its perceived lack of innovation. Recently, crypto news outlet Corleone Alpha News took aim at SHIB, calling it outdated in comparison to emerging assets. This sparked backlash from Shiba Inu’s loyal community and prompted a public response from Shytoshi Kusama, SHIB’s lead. Kusama defended SHIB’s development, pointing to its extensive ecosystem that now includes a Layer-2 blockchain, a decentralized exchange, and other innovations.

In a bid to educate the public on SHIB’s achievements beyond memecoin status, Kusama announced plans for an educational campaign. The initiative, which will be rolled out via podcast, aims to inform users of SHIB’s diverse projects and its drive for technology-driven growth.

However, talking about the frog-themed meme coin, Max believes PEPE could reach a $50 billion market cap, a milestone previously hit by SHIB and DOGE in 2021. With PEPE’s upward momentum and the recent boost from high-profile listings, it remains to be seen if this new star in the meme coin arena can replicate SHIB’s historic highs before undergoing a potential pullback. Whether PEPE lives up to the hype will depend on how it captures and retains the interest of both new and seasoned crypto investors.

Shiba Inu (SHIB) Rally Attracts Major Whale as Prices Surge By 60%

by

  • SHIB surged 60% in a week, reaching $0.00002803 with a $5.69B volume, drawing retail and institutional interest.
  • SHIB whale resurfaces, moving 100B tokens to Gemini as prices rise, signaling potential profit-taking.
  • Whale’s portfolio spans beyond SHIB, including Ethereum and Chainlink, showing a strategic, diversified approach.

Shiba Inu (SHIB), the second-largest meme coin by market cap, has rallied this week. The broader cryptocurrency market rally paved the way for Dogecoin and pushed SHIB up by more than 60%. Shiba Inu is currently at $0.00002803, with a 24-hour trading volume of $5.69 billion. Within the past day, the price of SHIB has grown by 11.40%. These numbers represent a strong position for coins within the meme coin market thus attracting retail and institutional investors.

AD 4nXcBItz4y DlL7Rowk6lEew04DhzL1qgLO63oGC2bTKGK1P t4JvsGSA j1Tg2hgzaEbdQkIr3XUX59FQuNrYZhJE YXljxhUt8ZXqqc967Fz6BZI5Ne

Source: TradingView

With the price of SHIB on the rise, so has the transactional value made by the so-called “whales,” or large holders of the token. Analytical platform Spot On Chain shared in its recent X post that a whale with the address “0xd6b” has become active again after eight months of inactivity. An early SHIB investor once made $120 million from SHIB with a 415% profit. 

Shiba Inu Whale Profit-Taking

This whale has come back on the scene at the same time as the price increase, which could suggest the beginning of some profit taking. An hour ago, the whale moved 100 billion Shiba Inu worth $2.81m to the Gemini exchange. This move may indicate it that the investor is trying to take advantage of the rally.

Even after this huge transaction, the whale still owns a large quantity of tokens. The portfolio of the investor contains 2.5 trillion SHIB valued at about $73 million. The transaction occurred in two parts: The first transfer was of 99.999 billion SHIB and the second was of 1 million SHIB. Both amounts were transferred to the Gemini exchange. The transactions indicate that large investors are still taking profits as SHIB’s price rises.

Whale’s Diversified Portfolio

Whale’s investments are limited to Shiba Inu, and the portfolio is quite diverse. These consist of 2,971 Ethereum (ETH) which are worth $9.897 million. Other assets include 1,011,142 OriginTrail (TRAC) tokens, valued at $742,117, 44,281 Chainlink (LINK) tokens, valued at $650,484 and 567,408 Loopring (LRC) tokens, valued at $85,039. This diversified portfolio indicates the whale’s approach goes beyond the meme coins and into other potential cryptocurrencies.

The time of the transactions demonstrates that the token has been charting towards an all-time high, and the strategic actions of early investors. During the current crypto rally, it seems that early holders are taking profits. This has been a major boost for meme coins especially Shiba Inu and whale activity in the recent past. 

While the market is still in the process of development, the focus is to be made on large investors. Their actions would most definitely shape the price and volatility of memecoin especially due to increasing retail and institutional demand. This period may well set the tone for the next phase of SHIB and other meme coins as the markets try to work out the longer-term potential for this asset class.

Shiba Inu Rockets 55% in a Week, Eyes Massive 306% Surge Ahead

by

Key Takeaways:

  • Shiba Inu (SHIB) posts weekly gains of over 55%, with trading volume up 246.10% in 24 hours.
  • Experts predict the potential for a massive surge as SHIB trends align with broader crypto market optimism.
  • Market excitement fueled by recent US election results may support SHIB’s path to a 306% price target.

Shiba Inu has been the main talk of the town with its impressive growth. It surged more than 55% over the week. The daily trading volume also reached as much as $6.18 billion, up about 246.10%.

SHIB 7D graph coinmarketcap
Source: CoinMarketcap

Market analysts say the favorable market sentiment prevailing across the cryptocurrency market will boost this surge in SHIB growth. Optimism has been on its way up since the recent U.S. election results. Donald Trump’s victory added further pace to this optimism, which also entered the cryptocurrency market, and SHIB, fuelled by this, can advance in a strong price pump.

This upbeat landscape can be the bedrock for SHIB’s target of a possible increase in price by as much as 306%. The good sentiments not only indicate the present status of SHIB but also give similar weight to the possibility of tapping into the bullish sentiment in the general market.

Key Indicators: Market Sentiment and Whale Activity

It includes a relatively strong increase in large transactions, which is normally indicative of high activity among whales or large investors. According to IntoTheBlock data, the trend really started at the end of September.

It moved through November 2023, in which the volume of large transactions reached remarkable highs of 6.47 trillion Shiba Inu at the beginning of November. This increase in large trades might indicate that major players have started positioning themselves to benefit from SHIB’s further growth.

image 15
Source: IntoTheBlock

With increased whale activity and higher volumes of transactions, these on-chain indicators signal increased interest in SHIB’s market- a precursor to price action in many instances. In most digital currencies, high trading volumes indicate a situation of either heightened interest among the major investors or over-the-counter trades, situations where SHIB could be at a point to realize further upside.

Analyst Insight on SHIB’s Path to $0.00081

With the confirmed hidden bullish divergence in the charts and a recent breakout of SHIB, analysts are speculating that Shiba Inu may be building up for a breakout. Market watchers are setting their sights on an ambitious target of $0.00081, representing a potential 306% increase from current levels.

image 16

This forecast does portend a bullish run, which is highly consistent with the recent Bitcoin market performance and the strengthening position of SHIB.

The resilience of the wider crypto market and the unique appeal of SHIB among its base come together in the cryptocurrency’s performance. If these signals keep flashing, Shiba Inu might enter a new period of growth that could take it closer to its ambitious targets, offering fresh and old investors an opportunity.

Related Reading | Bitcoin Soars Past $76,000, Analyst Predicts $500,000 Within Four Years

Shiba Inu Price prediction: Can SHIB Flip DOGE To 300 Billion? Analyst Says This Ethereum Rival Is What You Need For 70,000% ROI

by

With the Shiba Inu price prediction teasing the possibility of SHIB surpassing DOGE in market capitalization to an astounding $300 billion, investors and analysts alike are increasingly curious about the future of these popular meme coins. However, while the spotlight may be on the DOGE and SHIB rivalry, experts urge a closer look at WallitIQ (WLTQ) , a promising Ethereum rival with the potential to generate a staggering 70,000% return on investment. 

As the DOGE and SHIB competition heats up, the WallitIQ (WLTQ) Ethereum rival stands as a unique investment opportunity according to analysts, primed for exponential growth due to its solid infrastructure and AI-driven utilities. With a presale price of just $0.0171, WLTQ offers an affordable entry point that could reward early investors with unparalleled gains. 

WallitIQ (WLTQ): The Ethereum Rival With A 70,000% ROI Potential Amidst SHIB And DOGE’s Market Cap Battle

As the Shiba Inu price and DOGE tussle for dominance, many are drawn to WallitIQ (WLTQ), a new Ethereum rival that shows immense potential to deliver massive returns. Currently in its presale phase, WallitIQ’s WLTQ token is seeing an influx of investors positioning themselves early. 

Analysts believe this strategic presale is likely to set WLTQ on a trajectory to outperform many of today’s major altcoins, including SHIB and DOGE locked in the Shiba Inu price prediction.

WallitIQ’s (WLTQ) appeal lies in its comprehensive features and groundbreaking utilities. Advanced Escrow Connect, powered by AI, safeguards transactions by verifying links between users’ wallets and external dApps. 

Physical 2 Digital (P2D), another standout feature, enables users to securely digitise physical assets into the WallitIQ wallet. Additionally, the Predictive Analytics technology uses AI-driven algorithms for real-time market insights. 

With its smart contract duly audited by SolidProof. WLTQ offers a solid alternative to DOGE and SHIB, which many see as having reached their peak regardless of the bullish Shiba Inu price predictions.

This shift towards this Ethereum rival is visible as investors are drawn by the token’s presale price, a bargain compared to the Shiba Inu price and DOGE, which have seen significant price increases yet display signs of slowing growth. 

The current $0.0171 WLTQ presale price allows for strategic entry into an asset expected to deliver a 70,000% return, making it one of the most talked-about opportunities in the crypto space. This Ethereum rival has the potential to reshape how investors interact with DeFi through its innovative tools and AI capabilities, solidifying its position as a trailblazer among Ethereum rivals.

Shiba Inu Price Prediction: The SHIB Vs. DOGE Tussle And Why Investors Are Choosing WallitIQ (WLTQ)

The Shiba Inu price prediction has sparked intense speculation, with analysts suggesting SHIB could soon surpass DOGEA to reach a market cap of $300 billion. This Shiba Inu price prediction has fueled a renewed interest in both coins, but many investors and analysts are realising that WallitIQ (WLTQ) offers a more promising path forward.

While DOGE and SHIB have made significant strides, their journey toward market dominance has slowed, leading investors to explore the potential of WLTQ, a token that brings real-world utility and a chance for substantial gains.

For those looking for robust growth, WLTQ’s presale at $0.0171 provides an unmatched opportunity to get in early on a coin set to thrive in the DeFi and AI space, contrasting sharply with the slower journey of DOGE and the unpredictable SHIB.

Conclusion: WallitIQ (WLTQ)—The Ethereum Rival Ready For 70,000% Returns

As the Shiba Inu price prediction continues to drive speculation, analysts see WallitIQ (WLTQ) emerging as a genuine Ethereum rival with unparalleled growth potential. With a presale price that opens the door to smart investors at $0.0171, the WLTQ Ethereum rival is not only a bargain but a forward-thinking investment. The AI-powered features and innovative DeFi utilities of WallitIQ (WLTQ) promise to redefine the market, making WLTQ an attractive alternative to DOGE and SHIB. 

Forget the Shiba Inu price prediction, WallitIQ offers a path to massive returns and a place at the forefront of the next big crypto surge.

Join the WallitIQ (WLTQ) presale and community: 

Join WallitIQ (WLTQ) Presale

Join the WallitIQ (WLTQ) Community

Shiba Inu Price Update: Bearish Trend and New Entry Potential

by

  • Shiba Inu (SHIB) remains bearish, offering potential short-selling as lower highs persist.
  • Recent market rally seen as temporary, with SHIB likely returning to its downward trend.
  • Breakout from trading range could signal major price reversal opportunities for SHIB.

Shiba Inu (SHIB) is still under bearish pressure as further analysis shows expanding bearish waves. ‘In an X post, Alan Santana warns of bearish indicators on the price chart of SHIB even as it rallied in markets for a brief period.’’ This downtrend, he suggests, could open new short selling opportunities as continued formation of lower highs across a defined trading range sends SHIB’s price back down.

The positive results of the recent U.S. elections brought forth a short-lived three day upward trend across the market. But market sentiment has since turned cold, putting Shiba Inu and other meme tokens on notice they are likely back on the decline. Analysts say the brief rally isn’t a turn in the overall market trend.

Shiba Inu Hits Lower High

SHIB has just bottomed out a lower high, completing the bearish momentum which has marked much of the year to date. The current short position has already met two short term target levels, and lower highs are usually considered to signal further price weakness. Shiba Inu bounced with the token potentially seeing new lows in the near term while the main trend remains intact.

AD 4nXfUU6C58cGkszE1ZTZN S2Qm EokinaxICcaOLZLNXrd0Q BZrGBiumg02cwCb9goffdpAX2KlWFurAiO1 I4vyFwDHWZy

Source: Chart by AlanSantana

The upper boundary of the Shiba Inu price trading range also deserves attention for traders watching the token, the analysis shows. If shib’s price climbs above this boundary and holds this level, perhaps it will begin to indicate a shift to bullish momentum.

Bearish Outlook Persists

Yet as long as the token remains in the current trading range, the outlook is bearish. This approach gives traders clear signals of where trend reversals might be and how these might lead to a major price reversal.

An analysis also reveals the requirement of patience as it may lead to waiting for the clear market signals which may help traders take on SHIB’s movements. Tokens such as Shiba Inu are no exception to the rule that, although there are occasional rallies, generally, token performance lies in the hands of broader crypto market trends. Traders can make more informed decisions if they understand these macro trends. Traders need to be alert to what’s happening in the crypto market because they need to react to the outside conditions.