Shiba Inu Price Prediction: SHIB Whale Activity Soars 240% As Experts Say Consider This P2E Meme Coin For 100X Gains

The
Shiba
Inu
price
dropped
1%
in
the
last
24
hours
to
trade
at

$0.00001364
as
of
4.40
a.m.
EST
on
trading
volume
that
went
up
3%
to
$321.9
million.

The
token
saw
strong
price
volatility,
both
in
the
last
24
hours
and
in
the
last
week.
Its
value
dropped
below
$0.0000130
before
surging
beyond
$0.0000145.
This
fluctuation
would
be
due
to
the
recent
surge
in
whale
activity.

According
to

reports,
the
second-largest
meme
coin
experienced
a
major
boost
in
whale
activity,
with
large
transaction
volumes
soaring
by
over
240%,
especially
in
the
last
24
hours. 
During
this
time,
transactions
by
these
whales
increased
from
326.98
billion
SHIB
to
781.4
billion
SHIB.

Shiba
Inu
Price
Prediction

The

Shiba
Inu
price
has
seen
great
volatility,
which
shows
no
signs
of
ending
soon.
Numerous
technical
indicators
suggest
that
the
price
is
not
yet
ready
to
settle.

SHIB’s
Bollinger
Bands,
for
example,
remain
wide,
which
is
typically
a
bullish
signal.
However,
the
SHIB
price
is
currently
pushing
the
lower
band
further
down,
which
is,
obviously,
bearish
behavior.

On
the
other
hand,
the
project’s
Relative
Strength
Index
(RSI)
value
has
recently
dropped
from
the
neutral
zone
to
the
oversold
area,
suggesting
that
the
bears
are
in
control
of
the
market.

It
is
worth
noting
that
this
might
be
an
indicator
that
the
situation
could
change
in
the
near
future,
and
perhaps
offer
an
opportunity
for
the
buyers
to
buy
SHIB
at
a
low
price.
The
meme
coin
seemingly
found
its
bottom
at
$0.0000130,
which
was
the
lowest
point
it
reached
in
the
past
six
months.

However,

SHIB
has
also
been
spiraling
further
down
since
March,
so
this
downward
trend
could
continue
until
the
moment
the
next
year-long
rally
starts.
Traders
therefore
need
to
keep
a
close
eye
on
the
meme
coin
and
the
rest
of
the
market.
Buying
at
the
right
time
could
result
in
major
profits
when
the
rally
kicks
off.

Promising
Alternatives
to
SHIB

With
the
Shiba
Inu
price
being
as
volatile
as
it
is
right
now,
one
of
the
best
alternatives
for
investors
is
to
go
for
the
newest
Shiba
Inu
clone,

Shiba
Shootout
(SHIBASHOOT).
Not
only
is
the
project
immune
to
volatility
due
to
it
being
in
the
presale
stage,
but
many
believe
that
its
potential
goes
beyond
the
original.

Shiba
Shootout
is
the
new
Shiba-based
meme
coin
that
places
the
popular
meme
dog
in
the
Wild
West.
The
project
doubles
as
a
P2E
game
that
is
completely
Shiba-themed,
introducing
characters
such
as
Marshal
Shiba
and
Shiba
Sharpshooters,
as
well
as
the
fictional
Wild
West
town
of
Shiba
Gulch.

Everyone’s
talking
about
us
Sharpshooters
????
get
involved
now
while
your
still
so
so
early!
Join
Mashal
Shiba
an
the
sharpshooter
community
today!!
????
????
????
????
????

https://t.co/OhG19zdBR2

—
shibashootout
(@shibashootout)

August
12,
2024

The
project’s
game,
known
as
Shiba
Sharpshooter,
is
available
for
download
right
now
on
both
Google
Play
and
the
Apple
App
Store.
However,
it
has
yet
to
receive
its
Web3
update
which
will
reward
users
with
SHIBASHOOT
tokens
for
winning
sharpshooting
duels.
The
update
is
likely
to
arrive
around
the
same
time
as
the
token’s
launch,
making
this
a
good
opportunity
to
get
the
game
early
and
get
some
practice
in
before
there
is
real
money
on
the
line.

For
the
moment,
SHIBASHOOT
is
in
the
ICO
stage,
and
has
so
far
raised
over
$933k.
The
project
is
currently
on
track
to
reach
$1
million.
This
has
brought
quite
a
bit
of
excitement
to
the
SHIBASHOOT
community,
as
many
expect
whales
to
become
a
lot
more
active
after
this
milestone.

The
excitement
has
caused
numerous
crypto
experts,
including
an
analyst
from
the
crypto
YouTube
channel
Cryptonews,
to
speculate
about
its
potential
and
future.

In
the
meantime,
interested
investors
can
join
the
project’s
presale
and
buy
SHIBASHOOT
at
the
current
price
of
$0.0199
using
ETH,
USDT,
BNB,
or
a
bank
card.

Purchase
SHIBASHOOT
on
its
official
website
here.

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