Shiba Inu / SHIB analysis

Updated

Shiba Inu price today is $0.000012 with a 24hour trading volume of 300 million dollar. SHIB price is up 45% since last month
SHIB is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. during the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 1500X times increase within 8 months. some call it Dogekiller too! welcome to crypto zoo!!
Shiba Inu lead developer Shytoshi Kusama hints at rising development activity as Shibarium Beta launch date comes near. but lets talk about the chart
most of charts looks the same and waiting for break out , I personally took profit and waiting to see can bulldogs break 0.000013 if yes then longing to 0.000014 make sense. if btc goes down then we can back to 0.00001

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the second scenario happened so far

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SHIB flipped WETH for MOST TRADED token among top 1000 ETH whales

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we hit all targets

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we should break 0.00001445 if bulls want another leg up

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Shiba Inu’s lead developer, Shytoshi Kusama, published a new blog post today in which he revealed that the beta version of Shibarium will be released after the publication of another blog post about the development of the layer-2 network. Thus, Kusama still doesn’t give a specific date, but he does provide further insight into the beta’s schedule and pending obstacles

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In just the past week, the surge has amounted to a remarkable 12.4%, pushing an astounding 18.58 trillion SHIB tokens into profitability. This shift represents a substantial 40.9% of all circulating Shiba Inu tokens now deemed “in the money”

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Trade closed: target reached

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Trade active

after those mega pumps we were ready for corrections
hope you took good profits

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do or die moments

Trade active

still stuck at down trend

Trade active

The Shiba Inu golden cross could herald the next uptrend

moonypto

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