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SHIBUST trade ideas

as we predicted shib got a downtrend and today pumped back!We have records that shib would get downtrend and today it pumped back, now we have another down run soon. and on key support 0.000022+ it will come back as a baby to 0.000025 and then we will share more predictions please all of shib holders and traders move with us in order we can control the price together :) this is not a financial advise but we belive once you so our exact moving predictions you will trade with us and it will be a big power at a near future, so lets move shib to the moon !
Short
by SHIB1CENT
1
What is token burning in crypto?Understanding Token Burning in Cryptocurrency: A Comprehensive Guide What is Token Burning? Token burning is a crucial strategy in the volatile realm of cryptocurrencies, where assets lack real-world backing. Developers employ innovative approaches to maintain long-term price stability and incentivize investors. One such method is burning tokens, which involves removing coins from circulation. This action reduces the total supply, increasing scarcity, and potentially boosting the value of each remaining coin. Why Do Projects Burn Tokens? There are several reasons why cryptocurrency projects may choose to burn tokens: Scarcity and Value Appreciation By reducing the supply of tokens, projects can create scarcity, leading to potential value appreciation for the remaining tokens. This can incentivize holding and discourage selling, contributing to price stability and growth. Reward Mechanisms Some projects use token burning as a reward mechanism for users or participants. For example, platforms may burn tokens as part of a buyback program, where they purchase tokens from the market and then burn them, effectively reducing supply and rewarding holders. Economic Alignment : Token burning can align economic incentives within a project's ecosystem. For instance, platforms may allocate a portion of transaction fees to token burning, ensuring that stakeholders benefit from increased token value as the supply decreases. Coin Migrations : During blockchain upgrades or migrations, projects may burn old tokens that are being replaced by new tokens on a different blockchain. This process helps maintain continuity and security during transitions. Examples of Token Burning: Binance Coin (BNB): Binance, one of the largest cryptocurrency exchanges, regularly conducts token burns of its native token, BNB. A portion of the trading fees collected on the Binance platform is used to buy back BNB from the market and subsequently burn the tokens, reducing the total supply over time. Ethereum (ETH): Ethereum has proposed a shift to a proof-of-stake (PoS) consensus mechanism with Ethereum 2.0. As part of this transition, ETH holders can lock up their tokens in the new Ethereum Beacon Chain, effectively removing them from circulation and reducing supply, akin to token burning. TRON (TRX): TRON Foundation has conducted multiple token burns of its native token, TRX, to manage supply and support token value. These burns are often announced publicly, providing transparency to the community. Crypto Exchanges: Some cryptocurrency exchanges conduct token burns of their exchange tokens as part of periodic events or promotions. This practice can benefit token holders by reducing supply and potentially increasing token value. Does burning impact token price? Token burning can indirectly affect token value. Reducing circulating coins typically generates positive sentiment, potentially increasing asset popularity and value. While not the primary price driver, decreased supply can create scarcity and lift remaining token values. However, many factors influence token price, such as market conditions, sentiment, and project reputation. In conclusion - Token burning remains a potent method for enhancing and stabilizing crypto asset value. Transparency and stability through burning incentivize investor trust, contributing to sustained price levels. Despite not guaranteeing immediate value hikes, burning offers long-term benefits, especially for projects with substantial user bases. Other advantages include community reinforcement and inflation control, making token burning a strategic practice in the cryptocurrency landscape. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
Lingrid | SHIBUSDT double BOTTOMEDBINANCE:SHIBUSDT market has formed a double bottom at the support level, a bullish sign that suggests a potential trend reversal. On the daily chart, a triangle formation is taking shape, which is a classic trend continuation pattern. This pattern indicates a price squeeze, where the market is building up energy for a breakout. I think the market will soon break through the downward channel and surge upward, retesting the key resistance levels. This would be a strong indication that the bull run is about to begin. In anticipation of this move, I expect the market to make a temporary pullback towards the support level before resuming its upward momentum. My target is the resistance zone at 0.00002440 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
10
Downtrend 1H chart then under 0.000022 it will pump backShib returns below 0.000022 and goes up back to 0.000025, this is after the Federal Reserve risk every time the risk is released bitcoin loses part of its price and of course altcoins follow and this is reflected in Shib Often for quick trading this is in our favor but don't forget to just follow our forecasts. The Shib 1 Cent team is always at the forefront and you move with us to build a strong forecasting force and the chart will follow us. this is how we can win together!
Short
by SHIB1CENT
1
SHIBA - Buy here, do not miss next pump! (HUGE)Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market structure and map of the uptrend. I suggest waiting for a bullish flag or any bullish pattern, or just simply setting your limit order to buy SHIB lower! I am very bullish on this coin, and the next profit target is 300% away! What Is SHIBA INU (SHIB)? SHIB is a decentralized, community-led currency held by millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming. This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Since release SHIB now trades on the ecosystem's proprietary DEX, ShibaSwap.
Long
by Xanrox
39
Lingrid | SHIBUSDT +20% potential UPWARD moveThe market broke and closed above the swap level. BINANCE:SHIBUSDT formed a range zone, then broke through it upside. Overall, the price updated higher highs and higher lows on the 1H timeframe. The price is heading toward the resistance zone from the swap level. I think the market might move upward, potentially making +20% because the trend shifted and the market probably bottomed. I expect the price to retest the upper border of the channel and trendline. My target is resistance at 0.00002900 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
7
SHIB: Watch this level! SHIBA Inu has seen a nice retracement, but now it may be time to it watch closely! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.0000255$ and take profits at the levels shown in the chart. Targets: 1. 0.0000267$ 2. 0.000029$ 3. 0.0000315$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto