The post Crypto Guru predicts shiba inu price rally, WienerAI to surge appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WienerAI stirs buzz, fueled by a crypto expert’s forecast and a $7M presale triumph. Memecoins remain the most talked-about crypto niche, with a lot of excitement surrounding two unlikely players. A crypto expert’s recent forecast has investors hyped about Shiba Inu’s (SHIB) next move. But there’s a twist – the expert also has his eye on WienerAI (WAI), an up-and-comer that has raised over $7 million in presale. Shiba Inu in trouble as token crashes to 4-month low Shiba Inu has been taking a beating. The memecoin’s price has crashed to $0.000013, representing a 13% drop in the past 24 hours. And that’s not all – SHIB is now down 26% since last week. The token looks on track to post its fifth straight red weekly close. If that wasn’t rough enough, this could be SHIB’s worst week in over a year. It is now trading at lows not seen since early March. But the bleeding doesn’t stop at the price. Open interest has also taken a hit, dwindling to a mere $33 million. This drop in open interest suggests a lack of confidence from traders, showing that they’re stepping away from the token—at least for now. However, despite all this doom and gloom, spot volumes actually increased by 77% in the last day. It’s a head-scratcher, for sure. These rising volumes could be traders attempting to “catch a falling knife,” or it might be a sign of opportunistic buying. Crypto expert believes Shibacals could ignite a SHIB comeback Although things look dire for SHIB, one crypto guru has an interesting take on the token. YouTuber ClayBro isn’t sugar-coating it – SHIB’s been through the wringer. But he believes…

---

Filed under: News - @ July 7, 2024 2:08 am