BusinessPostCorner.com
No Result
View All Result
Sunday, July 6, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Shiba Inu Price Prediction: 39 Trillion SHIB Held at Crucial Level – SHIB Holders Should Watch Out

June 6, 2025
in Crypto News
Reading Time: 3 mins read
A A
0
Shiba Inu Price Prediction: 39 Trillion SHIB Held at Crucial Level – SHIB Holders Should Watch Out
ShareShareShareShareShare

Shiba Inu (SHIB) has gone down by 7.4% in the past week and currently sits at $0.00001237 as rising tensions between the United States and China on the trader front have managed to spook investors.

The latest decline has managed to push this meme coin’s year-to-date losses to 41.5% again.

Trading volumes in the past 24 hours have surged by nearly 78% as the sell-off intensified yesterday afternoon.

On-chain data indicates that a significant amount of tokens are held by investors are held by investors with a cost basis ranging from $0.000012 to $0.000013.

Hence, this may be a heavily defended price zone where trading volumes may skyrocket. This favors a bullish Shiba Inu price forecast in the near term as bulls will do their best to keep their positions afloat and in green territory to avoid a long squeeze.

Shiba Inu Price Prediction: Can the #ShibArmy Keep the Price Above $0.00001200?

The #ShibArmy, the community that backs this meme coin, is one of the strongest in the crypto space. Its social media accounts are followed by millions and more than 1.5 million accounts hold $SHIB at press time.

In addition, the project recently launched the ShibaDAO – a decentralized governance entity that has effectively surrendered the project’s reins to the community.

If the army closes ranks at this point, they could manage to keep the price up through a concerted effort.

shiba inu price prediction

The daily chart shows that SHIB broke its trend line support in the past few days and has also dropped below its short-term exponential moving averages (EMAs).

The price has found support at $0.00001200 for now and rose strongly during the Asian session as bulls seem determined to hold their ground at this level.

SHIB could be pushed to retest its former trend line support from below. If it rejects it, we could draft a Shiba Inu price prediction of $0.00001050 as this is the nearest area where the token has found support after a bearish breakout below $0.00001200.

This meme coin’s upside potential seems capped at the moment. However, Bitcoin’s path to new all-time highs has been paved lately.

One meme coin stands to gain if BTC rises to $125,000 in the next few weeks. BTC Bull Token (BTCBULL) is the name of one of the hottest crypto presales of the year. Its innovative rewards system tied to the performance of the top crypto has attracted nearly $7 million from investors already.

BTC Bull Token (BTCBULL) Hands Out Rewards Every Time Bitcoin Hits a Price Milestone

BTC Bull Token (BTCBULL) is a fun and innovative way to profit from Bitcoin’s rally to new heights.

The reward mechanism is quite simple. Starting at a baseline price of $100,000, a new reward will be unlocked for every additional $25,000 that BTC adds to its price.

The first milestone is set at $125,000, at which point a portion of BTCBULL’s circulating supply will be burned. Next up, once the price rises to $150,000, token holders will receive a direct Bitcoin airdrop.

To buy this meme coin and start generating passive income once Bitcoin reaches new milestones, head to the BTC Bull Token website and connect your wallet (e.g. Best Wallet).

You can either swap USDT or ETH for this token or use a bank card to invest.

The post Shiba Inu Price Prediction: 39 Trillion SHIB Held at Crucial Level – SHIB Holders Should Watch Out appeared first on Cryptonews.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Tech news: Karbon Practice Management evolves into Practice Intelligence

Next Post

On the move: HCVT hired CAS co-leader

Next Post
On the move: HCVT hired CAS co-leader

On the move: HCVT hired CAS co-leader

Amazon AI exec’s top career advice is always pick up your phone—it’s a disaster for Gen Z who have telephobia

Amazon AI exec’s top career advice is always pick up your phone—it’s a disaster for Gen Z who have telephobia

July 4, 2025
Texas flood: At least 32 dead as search continues for missing girls

Texas flood: At least 32 dead as search continues for missing girls

July 5, 2025
Trump, Republicans rush to overcome internal clashes on tax bill

Trump, Republicans rush to overcome internal clashes on tax bill

June 30, 2025
Senate bill preserves pass-through entity deduction

Senate bill preserves pass-through entity deduction

June 30, 2025
Tesla deliveries fall for second straight quarter

Tesla deliveries fall for second straight quarter

July 2, 2025
Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

July 5, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Retail investors reap big gains from ‘buying the dip’ in US stocks

Retail investors reap big gains from ‘buying the dip’ in US stocks

July 6, 2025
Lifetime ISAs: Why they divide opinion

Lifetime ISAs: Why they divide opinion

July 5, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!