Well, Shiba Inu is apparently done napping and just dragged 6.71 trillion SHIB tokens through the network in the last 24 hours. That’s enough to buy every dog sweater on Etsy and have change left for squeaky toys. This on-chain traffic jam just set a new seven-day high for massive transactions — which feels like Wall Street cosplay, but with more memes and fewer lawsuits (I hope).
Now the price — ever heard of the 50 EMA? Well, SHIB bounced off it like a golden retriever off a trampoline. That’s technical speak for “things didn’t completely tank.” It’s sitting around $0.0000135 (so, basically the price of a napkin if you could buy napkins in fractions of a penny), edging toward that resistance level of $0.0000140. This is the magical number that’s been blocking SHIB’s glow up for, oh, just two months.
If you squint at the chart, you’ll see a consolidation that’s getting tighter than my jeans after Thanksgiving. Volume’s ticking up, especially on the ‘big kid money’ side. Right now, the 50 EMA is doing its best soccer goalie impression as support, while the $0.0000140 resistance stands by, looking grumpy. If SHIB can finally pole-vault above that, the 200 EMA (sitting at a lofty $0.000016) is within reach — assuming the crypto gods are in a good mood. 🙏
And here’s the dramatic twist: when price hugs support while everyone and their cousin’s bot piles in, fireworks usually follow (that’s finance for “it could go kaboom up or kaboom down”). But don’t quit your day job — the market still needs confirmation. If SHIB faceplants and can’t climb over $0.0000140, get ready for a slide back to that $0.0000125–$0.0000127 zone. There’s a bunch of historical demand there, or, as I call it: ‘the friend zone for tokens.’
So in summary, keep your eyes glued to $0.0000140. That’s the make-or-break line, the door to glory or the path back to crypto mediocrity. Will SHIB escape? Will the memes survive? Only time, and possibly Elon’s next tweet, will tell. 🚀🐕
Read More
- How to use a Modifier in Wuthering Waves
- Mistfall Hunter Class Tier List
- 50 Goal Sound ID Codes for Blue Lock Rivals
- 50 Ankle Break & Score Sound ID Codes for Basketball Zero
- Lucky Offense Tier List & Reroll Guide
- Ultimate Myth Idle RPG Tier List & Reroll Guide
- WIF PREDICTION. WIF cryptocurrency
- How To Get Modifiers In WuWa
- Basketball Zero Boombox & Music ID Codes – Roblox
- SWORN Tier List – Best Weapons & Spells
2025-05-08 17:21