![]() ![]() ![]() Wall Street Memes is ready to launch on big exchanges in 29 days. Traders and investors are excited, and it makes sense. It’s a good time to check out some other interesting crypto projects. Now, they’re getting ready for the last round of presales, which has excited people. In 2023, Wall Street Memes became well-known in meme coins by raising over $25 million in their initial sales. Wall Street Memes Token: A Promising Opportunity Built on Solid Ground This could be a big help for the project to do well and stay strong. Staking could make the WSM token’s price more stable, which could attract different kinds of investors. They added a feature called staking to their token, and on the same day, they listed the token for trading. Wall Street Memes (WSM) did something exciting on September 27th. You can protect your investment from significant losses by using stop-loss orders. The price might rise and break the R2 resistance of $0.00001070 or even more if the price breaks the first resistance level and the RSI-14 rises above 50. Keep an eye on the RSI-14 indicator and support level S1. A price drop is possible based on the moving averages and RSI. ![]() SHIB’s RSI is currently around 40, so the price might drop in the short term. Over the next few days, it could rise to $0.00001120 or even higher if the price remains above the 50-day and 100-day moving averages. Source: TradingView Daily Chart SHIB/USDT But if it doesn’t break through, it might fall to around $0.000007750, a level where it could find support. The price could go up if it manages to go past this point. The price of SHIB might face a challenge at around $0.000009430. Source: CoinMarketCap Shiba Inu’s Journey: Examining Resistance and Support LevelsĬheck out the daily chart for some important information. This article will explore what might happen with SHIB in the coming weeks. Traders and investors wonder if this stability is due to market speculation or if significant developments are happening behind the scenes. Over the past week, the price of SHIB went up by about 2%, but in the last month, it went down by roughly 4%.īetween June 22 and September 1, Shiba Inu Coin (SHIB) held steady at $0.00008000. Trading increased by over 24%, but the Price dropped by over 2%. Shiba Inu, currently priced at $0.000007932, had a lot of trading activity, about $120.4 million, in the last 24 hours. This rapid growth could establish the coin as a valuable asset if the trend persists.Join Our Telegram channel to stay up to date on breaking news coverage Looking back, SHIB’s price jumped by 31.39%, adding an impressive $0.0000033 to its current value. Recent signs of robust potential indicate an opportune time for investors to consider acquiring the token. Impressively, Shiba Inu has displayed a positive trend in the last week, witnessing an 11.37% increase. Over the past 24 hours, the crypto’s value has surged by $0.0000006. It’s important to note that Shiba Inu needs a remarkable 100,000% growth to reach $1. The peak price could touch $1.06 by 2050. However, it’s anticipated to take another five years for Shiba Inu to shed another zero and trade at $0.000207.įollowing this, a prolonged upward trend is expected, maintaining an average price of $0.076 in 2040. Telegaon, a Web3 portal focusing on price forecasts, recently shared its predictions for Shiba Inu’s price based on current performance and thorough analysis.Īccording to Telegaon’s insights, Shiba Inu is predicted to average $0.0000467 next year, with a peak price of $0.0000571. One particularly optimistic analyst suggests that Shiba Inu could potentially hit the $1 mark by 2050, positioning it just below the top 10 cryptocurrencies. These developments have attracted the attention of numerous analysts, adding to the coin’s upward momentum. The present market boom can be attributed to two major factors: the upcoming debut of Shibarium and the announcement of Binance collateral. Since its launch three years ago, Shiba Inu has amassed 3.54 million addresses, a remarkable feat.ĭriving Factors Behind Shiba Inu Price Surge Investors have witnessed an astounding 12,000,000% increase from its lowest point. Notably, the coin’s market cap crossed the $2 billion mark in the past month, signifying a significant shift from a meme coin to a utility coin. This has led to a steady 15% price growth. Just a week ago, it trimmed a zero from its price and got closer to $1, currently trading at $0.00001087. Shiba Inu, the hot topic in the crypto market lately, is making waves with its recent price movements. The post Shiba Inu Price Prediction: SHIB Price To Hit $1 By 2050 – Predicts Analyst appeared first on Coinpedia Fintech News ![]()
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