Gucci To Accept Shiba Inu Coin & Price Will Skyrocket Soon!
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1. Shiba Inu Coin Price Prediction: https://www.youtube.com/watch?v=kakI1RohbDM
2. Shiba Inu Burn Plan: https://www.youtube.com/watch?v=W0Onlf9PusM&t=8s
3. Robert Kiyosaki on Shiba Inu: https://youtu.be/cAWjiJxaP9o
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addresses holding more than 0.1 percent of SHIB's circulating supply have mostly been selling rather than accumulating the cryptocurrency. The trend continued to be the same last week, with the metric falling by 160 percent for the week under review.
But there is some optimism. Since the middle of April, the total number of addresses has increased, indicating that the recovery is underway.
Investors have returned to the project as a result of the discounted prices. While the same isn't enough to justify a rally, it could prevent SHIB from being viewed as overly bearish in the future.
Support lines take center stage this month, as the likelihood of a decline rather than a rally in the Shiba Inu is increasing. In this month's market, the demand zone between $0.0000200 and $0.00001700 is the most critical area where SHIB must maintain its position. The zone was also conducive to accumulation, and it shouldn't come as a surprise if Ethereum whales begin to make significant purchases in the coming month or two.
A daily close that falls below this demand zone could be problematic. It was determined that the next logical defense was $0.00001200, which meant that if the market experienced a breakdown, SHIB's price would be exposed to a 30 percent sell-off.
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