Shiba Inu's Next Move: To the Moon or Back to Earth? The crypto world held its breath for Bitcoin's fourth halving, anticipating a rollercoaster ride in the market. And while all eyes were on BTC, meme coin
Shiba Inu (SHIB) wasn't far from the spotlight.
Riding the Waves of VolatilityInvestors had a bumpy ride as SHIB saw double-digit drops recently. But there's hope on the horizon, with a recent rally pushing its price up by a solid 18% in just 24 hours.
Price Surges and Sentiment ShiftsAt $0.00002736 and a market cap of over $16 billion, SHIB is making waves. However, increased volatility has left its mark on sentiment, with bearish vibes creeping in.
Whales Still Love ShibaBig players are still betting on SHIB, with top Ethereum whales favoring this meme coin. While their holdings haven't changed much, it's clear they're keeping an eye on the action.
Targets Set for the FutureWith buying pressure building up, SHIB could soon turn bullish. If the stars align, we might see it aim for $0.00003 and even reach for $0.000035 before taking a breather. But beware of potential dips to support levels at $0.000021 or $0.000017.
Dreaming Big: Marching Toward New HighsLooking further ahead, if BTC's halving ignites a bull run, SHIB could have its sights set on ambitious targets like $0.000045 and beyond – potentially surpassing previous all-time highs.
Whether you're holding onto your SHIB or considering jumping aboard, keep an eye on these key levels as the crypto world continues its wild ride.
