Shiba Inu has even exceeded Uniswap v3 SwapRouter, USDC, and WETH tokens, according to the most recent data provided by Dune Analytics. In fact, it was a few spots below OpenSea, Uniswap V2 Router, and other well-known NFT marketplaces. SHIB has outperformed several large-cap cryptocurrencies, including Dogecoin, thanks to its incredible surge (DOGE).
Szerint Etherscan data, the Shiba Inu wallet that reportedly transformed $8,000 into $5.7 billion is now functioning again. The whale has resumed transferring funds for the first time since April, raising fears of massive selling pressure.
A Shiba inu billionaire has transferred around 10 trillion SHIB coins worth $2.7 billion to four empty addresses so far. About 13% of the token’s total circulating supply is controlled by the wallet in question. According to this Etherscan transaction, the whale’s wallet has four recent outgoing SHIBA INU Token transactions.
Is Read: A Shiba Inu közösség megerősödik! A SHIB-nek már nincs szüksége Robinhoodra?
SHIB árelemzés
It’s been a negative start to the day following Tuesday’s decline. At the time of writing SHIB price is trading at $0.00006624 with more than 6% loss. To avoid further daily loss, Shiba Inu’s price must hold a return above $0.000070 levels. For the next 24 hours, the token is predicted to be in the range of $ 0.00005789 and $ 0.00007006.
To reach the first significant resistance level at $0.0000726, SHIB Price would have to move back through the pivot at $0.0000696. Further, in an extended rally, the DOGE-KILLER needs market support to rally above $0.000070 levels.
The first significant resistance level and Tuesday’s high $0.0000730 would likely cap the upside unless another extended crypto rally occurs. Before any pullback, the meme token might hit resistance at $0.000080 levels in the event of another breakout. $0.0000760 is the second big resistance level.
If the $0.0000696 pivot is not retested, the initial major support level at $0.0000662 will be tested. SHIB Price should avoid sub-$0.000060 levels unless there is a prolonged sell-off. At $0.0000632, the second major support level, the downside should be limited.
Source: https://coinpedia.org/price-analysis/shiba-inu-outperforms-large-cap-cryptos/
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