Shiba Inu Price Analysis: SHIB Loses Key Support While WallitIQ Targets $10
The post Shiba Inu Price Analysis: SHIB Loses Key Support While WallitIQ Targets $10 appeared on BitcoinEthereumNews.com.
The cryptocurrency market remains as volatile as ever, with some tokens facing steep declines while others see unprecedented growth. The Shiba Inu price is currently struggling to regain lost ground after losing a crucial support level. That sent shockwaves through its community. Meanwhile, WallitIQ (WLTQ) is taking the market by storm. It is drawing massive whale investments as it prepares for an explosive surge to $10. With a rapidly selling-out presale, WLTQ is emerging as a dominant force in the decentralized finance space. Shiba Inu Price Struggles As Whales Reduce Holdings The Shiba Inu price has lost a critical support level, leading to a sharp decline driven by significant whale activity. These whales have liquidated substantial amounts of the Shiba Inu coins. It caused retail investors to scramble as market sentiment turned bearish. Historically, whales have played a crucial role in the Shiba Inu price movements. Their recent sell-offs signal a tough road ahead. Despite the decline, the Shiba Inu price still enjoys strong community support. However, with whales diverting their investments to more promising alternatives like WallitIQ, the Shiba Inu price faces increased uncertainty. Analysts warn that the Shiba Inu price may struggle to regain its lost ground unless new catalysts emerge, especially with rising competition in the meme coin sector, further threatening its market position. WallitIQ (WLTQ) Targets $10 as Whales Fuel Buying Frenzy WallitIQ is making waves in the cryptocurrency market as its presale gains massive traction. With thousands of investors rushing to secure the DeFi tokens, the project is on track to becoming the next big thing in the multi-billion-dollar crypto wallet industry. – Advertisement – Unlike other decentralized wallets, WallitIQ combines cutting-edge AI security, a seamless user experience, and governance participation. Thus, it creates a robust ecosystem for digital asset management. Whales are driving the…
Filed under: News - @ February 8, 2025 12:26 am