Shibatoken
SHIB/USD - Shiba Inu Gears Up For A Major Announcement | LONG 🔔Shibas in the Metaverse?
In what seems to be a never-ending tease, the Shiba Inu (CRYPTO: SHIB) has announced a major event slated for March 30. The beloved meme
cryptocurrency that takes its moniker from the cuddly dog of the same name, has kept followers on their toes with repeated hints and teasers, but has yet to reveal what the big news is.
While it’s hard to know what could be in store, speculation is rife online. In fact, the anticipation of what the announcement could be about has kept Shiba Inu’s price climbing. The meme coin that trades for just fractions of a penny has gained more than 25% over the past week and more than 32% since March 15. At last check, SHIB was trading down 5.6% at $0.000027.
The coin hit an intraday high of $0.000029, according to data by Coinmarketcap.
Important SHIB developments
Recent days have witnessed some important developments on the global adoption of the popular crypto mascot. Shiba Inu is now available on Netcoins, a Vancouver-based online cryptocurrency brokerage.
Netcoins allows Canadians to buy, sell and hodl different types of cryptocurrencies. They are also the first publicly-owned crypto trading platform in Canada that is fully regulated. Now you can own one of these adorable Shiba Inu pups yourself by trading on Netcoins. Netcoins by the way is also working on its U.S. expansion plans.
Along the same lines, crypto enthusiast fashion designer John Richmond announced on March 16 plans to introduce SHIB and LEASH burns for its online shop. The adoption between a decentralized cryptocurrency and a global fashion brand is being seen as an important and innovative step in the fashion world.
John Richmond however, is not the only brand adopting SHIB. NowPayments, a cryptocurrency payment gateway, has also introduced Shiba Inu as payment at Italian burger chain Welly’s and pizzeria Sorbillo.
Another recent development is that of Etherscan data, a website tracking transfers made by Ether (ETH) hodlers, showing a “whale” – large market players in the crypto markets – buying last week more than 200 billion Shiba Inu tokens for nearly $5 million. Also, IntoTheBlock data shows Shiba Inu whales’ activity jumping 349% in the last 24 hours. Large transaction spikes are usually caused by institutional investors. These transactions involve more than $100k per transfer.
Meanwhile, Crypto Planet (CP) speculates that based on several social media posts, the March 30 announcement could be a Medium post about the Shiba Inu metaverse – an innovative virtual reality platform that allows users to interact with each other in a completely immersive environment – focused on the map and Lands sale.
In fact, Shiba Inu’s Twittter account stated: “ShibArmy, the world is full of things more powerful than us. But if you know how to catch a ride, you can go places.”
CP also notes that they have also seen some speculation that “the Land sale could happen with a listing on OpenSea,” the most popular place to buy Non-Fungible Tokens (NFTs).
Whatever the announcement turns out to be, one thing’s for sure – the Shiba Inu will have everyone talking!
SHIBA I think SHIBA is going to have another bullish wave to complete the biggest correction. As soon we break 0.0000169 level we are ready to fly. I don not know if the C wave of the correction is going to stop at 0.000040 but i am expecting to have a running or regular flat correction if not we might have a contracting flat correction ( worst scenario )
otherwise we should get a daily candle closed above 0.000041.
peace :)
SHIB 8 hr - buy and sell zones.I am trying to isolate my buy and sell zones. But they do depend on the rate and incline of a movement. I will also watch each trend line being approached. Often one is broken just by a touch, then a fake out reverse occurs right before the breakdown of that resistance. These 8 hour charts will give a large window to these areas and let me see the markets collective decisions.
SHIBUSD | Potential Uptrend. Get in!If you find this technical analysis useful, please like & share our ideas with the community.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Buy Little Bag Of Shib For Long Term Don't MissToday I want to talk with you about SHIBA chart Price tested support time of range a few times like tested resistance too.
This is my opinion, I really hope this will be useful for you Be ready and take care of your money. Have a great profit!
Always do your own research before opening positions and always put SL
Currently in Range or You can wait for a pullback
Stoploss Bellow Yellow Line
We Can See Pump in Shib After Doge