The post The 3 Best Shiba Inu (SHIB) Substitutes That Might Make $700000 from $700 in the Next 7 Months appeared on BitcoinEthereumNews.com.

If you are looking to play the crypto markets and make big returns in the next few months, Rexas Finance may be your ticket to making big profits. The Rexas Project has the potential to give investors $700 worth of token at the beginning of a coin, which can potentially increase in value within 7 months to reach $700,000! Rexas has strong presale momentum, an ever-expanding community, and a clear path to success, which contribute to creating explosive growth as Shiba Inu (SHIB) did before. For more information on why Rexas has become one of the biggest new crypto projects today, continue reading below. Shiba Inu Faces Major Whale Sell-Off SHIB, however, is looking bleak as the token Shiba Inu faces the ominous trend of large holders, or whales, selling buckets of the token. Tallying 7.48 trillion SHIB sold off over the past 24 hours makes for a massive 712% increase in outflows compared to the day prior of 1.05 trillion SHIB. The main cause of these sell-offs is addresses holding at least 0.1% of SUPPLY of SHIB, signaling a loss of confidence among key members of the market. Net flow has turned negative despite inflows reaching 7.41 trillion SHIB, reversing from 2.86 trillion SHIB to -72.77 billion SHIB, showing bearishness in the market. SHIB has also been under pressure regarding its price performance, as the token nose dived 8.24% in the last 24 hours and settled around $0.000023. SHIB is in a significant sell-off and has brought the coin dangerously close to a critical support level as concerns grow of decline. Despite SHIB’s recent 80% rally from November, it couldn’t crack through recent local highs, resulting in a ‘double top’ pattern and the creation of two recent highs. The latter is significantly higher, which is usually seen as a…

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Filed under: News - @ December 1, 2024 3:28 pm