Shiba Inu has been in a relatively silent phase for a few months, showing a modest increase of 20% in last week and 32% in last month.
Although these growth figures may seem disappointing compared to other tokens that have seen more than double their value, the performance of the room is always something to keep an eye. The overall market conditions have been moderate, which means that the recent increase in Shiba Inu stands out slightly more.
What is interesting is the way Shiba Inu managed his corrections. During the 2021 bull, Shiba Inu saw a drastic correction of 93%, a lively withdrawal that has a lot wondering if the room had culminated.
However, this time, the correction was more moderate, with a drop of 84%. This smaller withdrawal suggests that the token may not yet be made with its upward movement.
Although the market as a whole is always in a state of uncertainty – neither completely optimistic nor lowering – the performance of Shiba Inu so far in 2024 can indicate that the part is preparing for something larger, whether it is an escape to consolidating the increase or continuous consolidation before a more substantial movement.
Source – Jacob Crypto buried on YouTube
Shiba Inu price prediction
Shiba Inu briefly tested the resistance level near the brand of $ 0.000016 three times, but has been rejected each time. This area turned out to be a short -term ceiling for the medal.
However, the analysis suggests that once Bitcoin successfully exceeds the resistance area from $ 104,000 to $ 105,000 and enters the price discovery, euphoria and the resulting capital in altcoins – especially the pieces even – could trigger a net rally.
In such a scenario, Shiba Inu should rise to the level of $ 0.0000180, which aligns with its 200 -day exponential mobile average.
Current market conditions, including the increase in the feeling of investors and the gains through other high -level memes parts such as Dogecoin and Pepe Coin, support the potential for Shiba Inu to continue to climb if Bitcoin supports its break and the Altcoin season is growing.
Shiba Inu Momentum lights up while Solaxy increases $ 34 million and redefines money from money
The wider market of cryptography has also experienced a positive dynamic, total market capitalization exceeding 3 billions of dollars, indicating that the feeling of investors can go from consolidation in more optimistic territory.
This change of feeling could provide the necessary catalyst so that Shiba Inu way of its current beach. Despite optimism surrounding Shiba Inu, it is important to recognize that the medal is always confronted with uncertainty.
The market management remains clear and there is always a possibility of consolidation or even a slowdown. Until Shiba Inu breaks decisively through her level of resistance and shows a constant rise, her future remains uncertain.
It is difficult to determine if it will trigger another memelier currency rally or will continue to underperform compared to other cryptocurrencies. Meanwhile, a new meme piece, SolaxyQuickly became one of the most promising projects in the blockchain space, raising an impressive 34 million dollars in presale.
As a first layer-2 solution on the Solana network specifically adapted to parts even, Solaxy introduces a new approach to improve the scalability and efficiency of transactions.
Its integration with Ethereum brings together the strengths of two major blockchains – ultra -rapid transactions and at low cost of Solana and the deep liquidity of Ethereum and robust safety.
This double chain compatibility makes Solaxy an attractive choice for decentralized financing users (DEFI) and traders of coins in search of a transparent and scalable experience.
The speed and scale of the success of the presale indicate an increasing confidence of the market in innovative infrastructure solutions which treat current pain points in blockchain ecosystems with high traffic.
Solaxy Attacks network congestion directly by dealing with transactions on its own infrastructure without harming the main integrity of Solana. This design guarantees that even during high activity periods, users can expect rapid and low -end transactions.
$ Solx is currently at a price of $ 0.00172 per token and is available for purchase via the Best wallet App. While the presale continues with prices that should gradually increase, many see this as a timely entry point.
With more than 9.8 billion solx tokens already marked out and an attractive annual return (APY) of 117% offered to first investors, confidence in the long -term potential of the project continues to grow.
Beyond its technical innovation, Solaxy is supported by a strong community and rapidly growing. The approvals of influential personalities in the cryptographic space and the educational content of well -known investors have contributed to stimulating its visibility.
The traction of social media, including nearly 90,000 subscribers combined on all platforms, strengthens the credibility and awareness of the project. These combined factors positioned Solaxy not only as a layer 2 infrastructure supplier, but also as a key player in the next wave of parts even and of a challenge.
The emphasis on Solaxy on the usefulness of the real world, the strategic integration between the cross channel and the growth -oriented growth offers a convincing story to investors who seek both innovation and value at an early stage. To participate in the presale of $ solx token, Visit Solaxy.io.
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