8:00 ▪ ▪
4
min at reading ▪
The wind turns for the followers of Shiba Inu. Not only did their favorite cryptome cryptomed in the classification of digital assets, but other key indicators are worrying. After the fall in its price, it is now Shibarium, the Blockchain project, which is increasing in terms of activity. In the space of several days, the volume of daily transactions decreased by 96 %. What is happening in the shib’s ecosystem?
Shibarium in damnation: shaken trust
Shibarium blockchain, which was supposed to strengthen the use of shibu, intersects the storm. According to ShibariumScan, The number of daily transactions collapsedfrom 4.77 million to 52,410 per week.
Several Alarming ::
- 98 %transaction;
- Decrease of 60 % per 24 hours;
- Reduced activity 79 % for whales (Ali Martinez).
This slowdown is part of Global Global Context For the crypto market. Bitcoin himself is trying to maintain its heights and its impact on all altcoins.
Is Shibarium victims of simple correction or deeper interest?
Price of Shib: Support levels for monitoring
The numbers speak for themselves: in a month, Shib’s price melted by 23.9 %And in the area of 24 hours he lost 2.24 %. CoinMarketcapp today placed it around $ 0.000015.
Crypto Ali Martinez’s analyst warns:
” Shiba Inu has lost a key level of support! Other thresholds to be monitored are $ 0.000011 and $ 0.00,0008. »»
If these thresholds give up, the damage could be even harder. Gold, Shibarium transaction decrease also reduces Shibu burnsIt slows its rarity even more and therefore any potential price increase.
The question remains: can shiba inu still repeat its past exploitation, or is the mechanics stopped this time?
The crypto market is the same penalty
If Shib suffers, this is not an isolated case. The same as a whole difficulty. The crypto market dominated by bitcoins and Ethereum tends to see that these more speculative digital assets suffer more during repairs.
With a BTC blocked $ 100,000The whole sector is paralyzed.
On the other hand, the current market capitalization of Shiba Inu limits its progression range. If the miracle of Shib reproduced its magnificent increase from 2021 (+884 400 %), it would achieve $ 0.134, which would jump to … $ 80,000 billion. Just say utopia!
In fact, without a strong catalyst, the future of Shiba Inu seems to be threatened in the short -term horizon. Will the community be able to restart the machine or madness for Shib definitely die?
January was a catastrophic month for the SHIB and February is not radiant. Investors who hoped to reflect are risking that their hopes will disappear more and more. Was the end of the correction just Mirage?
Maximize your Cointribne experience with our “Read to Earn” program! For each article you read, get points and approach exclusive rewards. Sign up now and start to accumulate benefits.
Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all hope that I was there for something
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
