How much longer can Shiba Inu [SHIB] hold on to its 8-month support level

ambcrypto.com

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Shiba Inu has been on a steady downtrend since November, but since January, it had found solid support. However, as May began, the price crashed right past this level of support and fell another 50%.

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Timeline of Shiba-inu


Shiba Inu Burn Rate Jumps 800% to 12.6 Billion $SHIB After Burn Rewards Start Being Distributed - CryptoGlobe

The rate at which Shiba Inu ($SHIB) tokens are being burned has jumped 800% to a new record of 12.8 billion tokens shortly after the cryptocurrency's burn portal started distributing $RYOSHI rewards to those who burn tokens. As CryptoGlobe reported, the first distribution of rewards has already gone out to those who burned $SHIB through


Finder's Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030 - Bitcoin

A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.” SHIB's Price Prediction Leading price comparison


Shiba Inu Burn Portal Rewards Start Being Distributed to $SHIB Burners - CryptoGlobe

Shiba Inu ($SHIB) token holders who divested of their holdings via ShibaSwap's burn portal are now started to receive rewards for doing so in the form of Ryoshis Vision ($RYOSHI) tokens, with some wallets having already received thousands in tokens. According to Ryoshgis Vision's official account, the first distribution of rewards has already gone out

Shiba-inuSHIB$0.000010

Shiba Inu price analysis: SHIB further devalues at $0.00001079 after a bearish run  - Cryptopolitan

Today's Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a crash and decreased to $0.00001122, from $0.00001667; on May 11, 2022, SHIB/USD lost further momentum and obtained a massive decreasing movement the.


Shiba Inu (SHIB) Price Soars 6% In A Day, Here's Why - Coingape

Shiba Inu's price has seen a recovery of 26% since the crypto market crash in the first two weeks of May. The price increase still continues as the SHIB recorded more than 6% gains in the last 24 hours.


Shiba Inu price analysis: SHIB starts to gain positive momentum at $0.00001242 - Cryptopolitan

Today's Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a slightly upward direction, raising the price of SHIB little by little. After that, however, the cost of SHIB experienced a flash crash and declined to $0.00002159, from $0.00001193; on May 16, 2022, SHIB/USD lost further momentum and.


Amidst 450 Million Tokens Being Burnt, SHIB Price Is Expected To Decline At $0.00001 - CoinPedia

The global cryptocurrency market is down by 1.23% over the last 24hrs and is now positioned at $1.28 trillion. The main driver for such a bearish pull is Bitcoin which has yet again lost its $30,000 level trading around the $29,000 level. Among such losers is Shiba Inu whose price has now dropped by 0.73% …


Leading Middle Eastern Crypto Exchange Rain Lists Shiba Inu ($SHIB) - CryptoGlobe

Leading Middle Eastern cryptocurrency trading platform Rain has listed the meme-inspired cryptocurrency Shiba Inu ($SHIB) after months of consideration. The listing boosts Shiba Inu's liquidity at a time in which token burns are growing among its community. As CryptoGlobe reported, Rain started considering listing the cryptocurrency back in March. At the time, a spokesperson said


Crypto Trading Hamster That Outperformed Warren Buffett Resurfaces With Shiba Inu ($SHIB) as Top Holding - CryptoGlobe

Crypto trading hamster “Mr. Goxx” (named after the now-defunct Bitcoin exchange Mt Gox) has returned after its social media accounts became active once again and started live-streaming his trades on Amazon's video-streaming platform Twitch. The hamster, which became well-known for outperforming many traditional investors including Berkshire Hathaway's Warren Buffett and the stock market's benchmark index S&P 500,


Shiba Inu Holders Increase Amid Market Crash, But There's A Catch - Coingape

The number of entities holding popular memecoin Shiba Inu (SHIB) hit record highs during the recent crypto crash, as prices dropped to attractive levels. But the token also saw its whale holders fall drastically, a sign that the largest crypto holders may be losing faith in the memecoin.

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