Experts Makes Bold Claim That DTX Exchange Could Be The Shiba Inu (SHIB) Of This Cycle With 13300% Gains
The post Experts Makes Bold Claim That DTX Exchange Could Be The Shiba Inu (SHIB) Of This Cycle With 13300% Gains appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . Shiba Inu (SHIB) has lately experienced a notable surge in the network following its strategic token burning in the blockchain. Trading at $89.6K, an anonymous whale made headlines after reactivating his dormant wallet. Meanwhile, DTX Exchange (DTX) steals the spotlight with its mind-blowing presale performance and groundbreaking technological advancements. SHIB Daily Burn Rate Hits Massive Milestone As one of the most popular memecoins, the Shiba Inu price has recently witnessed an explosive increase in its daily burn rate. According to data from Shibburn (a platform tracking SHIB token burns), the daily burn volume surged by a jaw-dropping 3,676%, reaching a total of 53.31 million SHIB tokens in a span of 24 hours alone. The sudden spike in the burn rate has positively surged the Shiba Inu price, which has gone up by over 8% in the last 24 hours, bringing its current trading price to $0.0000027. Analysts are optimistic about its potential to reclaim higher price levels, especially if the burn rate sustains its upward trend in the coming weeks. Source: TradingView On the bigger time frame, traders should pay attention to the daily closure regarding the $0.000024 level. If it happens and the bar closes near its low, the correction may lead to a test of the $0.000021-$0.000022 range soon. On the weekly chart, the Shiba Inu price has caused a false breakout of the resistance at $0.000029. Bitcoin Whale With Million-Dollar Gains Transfers First BTC In a surprising turn of market sentiment that has caught the attention of the entire crypto community, a 2011 Bitcoin wallet has transferred out its…
Filed under: News - @ November 14, 2024 4:26 pm