binanceshiba
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#SHIBA🚀 #Shibalnu #BinanceShiba
Shiba Inu’s $SHIB recent bullish rally came to an abrupt halt as traders faced heavy liquidations. The cryptocurrency saw a four-day surge starting from September 6, which brought its price to a peak of $0.00001320. However, this bullish momentum couldn’t hold as Shiba Inu reached a key resistance level, particularly above the daily SMA 200 at $0.000013. The resistance of $0.00001320 was tested twice in only three days, and the price was unable to gain momentum and began to fall back.
This reversal caused heavy losses to many traders who were anticipating further price increments. Thursday saw Shiba Inu drop to as low as $0.00001293 after beginning the day at $0.00001320, to the dismay of bullish traders. The surge in collapse led to the liquidation wave, which washed out large stakes in a few hours.
The coinglass trading data indicates that long positions totaling 154,200 were liquidated in a mere 24 hours, and a large percentage of them were long liquidations. On the contrary, short positions were as modest as $4,970. An unbelievable 11.47 billion SHIB tokens were cashed in, and each was valued at approximately $149,230.
Shiba Inu’s $SHIB recent bullish rally came to an abrupt halt as traders faced heavy liquidations. The cryptocurrency saw a four-day surge starting from September 6, which brought its price to a peak of $0.00001320. However, this bullish momentum couldn’t hold as Shiba Inu reached a key resistance level, particularly above the daily SMA 200 at $0.000013. The resistance of $0.00001320 was tested twice in only three days, and the price was unable to gain momentum and began to fall back.
This reversal caused heavy losses to many traders who were anticipating further price increments. Thursday saw Shiba Inu drop to as low as $0.00001293 after beginning the day at $0.00001320, to the dismay of bullish traders. The surge in collapse led to the liquidation wave, which washed out large stakes in a few hours.
The coinglass trading data indicates that long positions totaling 154,200 were liquidated in a mere 24 hours, and a large percentage of them were long liquidations. On the contrary, short positions were as modest as $4,970. An unbelievable 11.47 billion SHIB tokens were cashed in, and each was valued at approximately $149,230.
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Shiba Inu ($SHIB) is reshaping its ecosystem with major advancements.
Over 410 trillion SHIB tokens have already been burned, permanently eliminating them from circulation. This move reflects a long-term plan to cut supply and strengthen future value.
Key Highlights:
Community-Led Growth: The SHIB community plays a central role in driving progress, with no single authority in control. Shibarium, the project’s Layer-2 network, has already handled millions of transactions—showcasing the strength of its user base.
Expanding Ecosystem: What began as a meme coin is evolving into a fully-fledged ecosystem, powered by practical use cases, Layer-2 scaling, and an active community.
Looking Ahead: Institutional investors are keeping a close eye, and the next few months could mark a pivotal stage with new opportunities, including:
Fresh Investment: New capital entering the project.
DApp Releases: Additional decentralized apps launching on Shibarium.
Price Action: Potential bullish movement fueled by ecosystem growth.
Price Factors:
Despite large-scale token burns, SHIB’s price hasn’t skyrocketed. Influencing factors include:
Burn Impact: While reducing supply is important, it doesn’t guarantee immediate price jumps.
Adoption & Utility: Platforms like ShibaSwap and Shibarium aim to grow usage and attract more participants.
Market Sentiment: Bitcoin trends and overall crypto market mood affect SHIB’s price.
Whale Moves: Large holders continue to play a major role in volatility.
The SHIB community remains dedicated, pushing for even larger burns. A circulating petition calls on Binance to introduce a mechanism that would burn 1% of SHIB tokens involved in daily exchange trades.
👉 Consider joining the movement—Buy $SHIB today!
#BinanceHODLerPLUME #SHİB #BinanceShiba
Over 410 trillion SHIB tokens have already been burned, permanently eliminating them from circulation. This move reflects a long-term plan to cut supply and strengthen future value.
Key Highlights:
Community-Led Growth: The SHIB community plays a central role in driving progress, with no single authority in control. Shibarium, the project’s Layer-2 network, has already handled millions of transactions—showcasing the strength of its user base.
Expanding Ecosystem: What began as a meme coin is evolving into a fully-fledged ecosystem, powered by practical use cases, Layer-2 scaling, and an active community.
Looking Ahead: Institutional investors are keeping a close eye, and the next few months could mark a pivotal stage with new opportunities, including:
Fresh Investment: New capital entering the project.
DApp Releases: Additional decentralized apps launching on Shibarium.
Price Action: Potential bullish movement fueled by ecosystem growth.
Price Factors:
Despite large-scale token burns, SHIB’s price hasn’t skyrocketed. Influencing factors include:
Burn Impact: While reducing supply is important, it doesn’t guarantee immediate price jumps.
Adoption & Utility: Platforms like ShibaSwap and Shibarium aim to grow usage and attract more participants.
Market Sentiment: Bitcoin trends and overall crypto market mood affect SHIB’s price.
Whale Moves: Large holders continue to play a major role in volatility.
The SHIB community remains dedicated, pushing for even larger burns. A circulating petition calls on Binance to introduce a mechanism that would burn 1% of SHIB tokens involved in daily exchange trades.
👉 Consider joining the movement—Buy $SHIB today!
#BinanceHODLerPLUME #SHİB #BinanceShiba
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pensez vous que la baisse vas continuer , ou on dois déjà commencer par payer, et sur quoi placez nos fond pour un ×10
#NODEBinanceTGE
#BinanceDoge
#BinancePepe
#BinanceShiba
#NODEBinanceTGE
#BinanceDoge
#BinancePepe
#BinanceShiba
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