Shiba Inu on Base Kurs SHIB

Shiba Inu's current price is $0.00002181, with a 0.65% increase in the last 24 hours.¹ The market capitalization is $12.85 billion, and the 24-hour trading volume is $1.76 billion. Here's a brief overview of SHIB's current stats: - *Market Cap*: $12.85 billion - *24-hour Trading Volume*: $1.76 billion - *Circulating Supply*: 589.25 trillion SHIB - *All-time High*: $0.00008845 (reached on October 28, 2021) Please note that cryptocurrency prices can be highly volatile, so it's essential to stay up-to-date with the latest market trends and news.

Shiba Inu's breakout from the descending triangle is indeed a significant development, indicating a potential major shift in its market trajectory. As the token approaches the critical $0.00003306 resistance level, surpassing this level could lead to further gains. The STOCH RSI's indication of oversold conditions also suggests a potential rebound, while the MA cross (9, 21) signals sustained upward momentum, reinforcing the bullish outlook ¹. However, it's essential to consider the broader market context. Shiba Inu recently lost a major support level, breaking through the crucial 50 EMA level, and is now testing the 100 EMA support level. This loss of support emphasizes the fragility of SHIB's recent rally, and the breakdown below the 50 EMA indicates a noticeable change in market sentiment. To validate a continued upward trend, breaking the $0.00003306 resistance level is crucial. If successful, this could pave the way for further gains. On the other hand, failure to hold above the 100 EMA support level could lead

SHIB’s activity underscored growing utility within its ecosystem. Active addresses increased by 1.06% in the last 24 hours, while the total transaction count rose by 1.05% to 11.87K. Therefore, these upticks suggest heightened engagement, likely driven by improved market sentiment following the burn rate surge. The increased transactions reflected growing interest in the token’s potential rally.$SHIB

Shiba Inu’s breakout from the descending triangle signaleda major shift in its market trajectory. The token was approaching the critical $0.00003306 resistance level at press time, which, if surpassed, could pave the way for further gains. Additionally, the STOCH RSI indicated oversold conditions, suggesting potential for a rebound. The MA cross (9, 21) signaled sustained upward momentum, reinforcing the bullish outlook. Breaking this key resistance level remains crucial to validate a continued upward trend.$SHIB

Shiba Inu’s breakout and soaring burn rate signaled a potential bullish rally ahead. Rising transactions and active addresses supported SHIB’s bullish momentum. Shiba Inu [SHIB] has made significant progress by breaking out of a long-term descending triangle, positioning itself closer to its critical $0.00003306 resistance level. This development has sparked renewed investor interest, with SHIB trading at $0.00002812, up 0.92% at press time. Furthermore, the burn rate has skyrocketed by an impressive 1,068%, removing trillions of tokens from circulation according to Shibburn. These factors have fueled optimism about SHIB’s potential for a strong bullish rally in the near future.$SHIB