Ah, the marvelous tale of the Shiba Inu, a creature so peculiar, so downright bonkers, itād make even the Wonka factory blush! š« While its price wobbles like a three-legged dachshund on a tightrope, something far more scrumdiddlyumptious is afoot. Nearly 100 billion SHIB tokens-yes, you heard that right, 100 BILLION-have scampered off exchanges in a mere 24 hours. ššØ Thatās not just a stroll in the park; thatās a full-blown escape from the clutches of the trading tyrants!
Exchanges Losing Their Plumpness
The exchanges, once as plump as Augustus Gloop, are now shrinking faster than a chocolate river on a hot day. š«š¦ Coins are fleeing these platforms like children from a dentistās office. And what does that mean, you ask? Well, itās as clear as a glass elevator: sell pressure is taking a nap, and holders are clutching their SHIB like golden tickets. š Could this be the bottom? Oh, donāt get your hopes up just yet, my dear reader-this isnāt a fairy tale, after all.
Now, letās talk about the price action, shall we? Itās as ugly as the Twits on a bad hair day. SHIB is stuck beneath moving averages like a poor soul in a giant peach. š But fear not! The risk profile is shifting, like the BFG learning to whisper. Selling pressure has cooled, and the RSI is as compressed as Mr. Fox in a tight spot. Without fresh volume, the downside is as likely as a giant peach landing in New York City-possible, but not probable.
Risks? More Like Risible!
Hereās the juicy bit: SHIB isnāt going to zero unless the holders decide to throw a tantrum bigger than Veruca Salt in the nut room. š„ And so far, theyāre holding tighter than the Oompa-Loompas hold their secrets. For a real breakdown, exchanges would need an influx of tokens so massive, itād make the Great Glass Elevator look like a toy. But has that happened? Nope. Not even close.
So, whatās next? A stabilization range, of course! Choppy prices, fake-outs, and slow absorption-itās like watching the Squirrels in the nut-sorting room. š° If SHIB can stop rejecting bounces like a spoiled brat, a relief rally might just be on the cards. Weak? Messy? Absolutely. But hey, even the BFG had to start somewhere. š
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2025-12-17 17:54