#لاتنسى_الصلاة_على_النبي #shiba⚡
Current price: approximately $0.000016 USD.
24-hour change:
* Some sources recorded an increase of up to 4.00%.
* While other sources indicate a decline ranging from 4.47% to 5.22%.
Key points mentioned in the news and analyses:
* Whale activity: A significant increase in whale flows of 2,952% has been observed in recent days, which may indicate a potential price shift.
* Burn rate: There is increasing interest in the burn rate of SHIB currency, as some reports indicate a significant rise in the rate and speculation about a potential daily burn of one billion tokens. This could positively affect the currency's price in the long term by reducing supply.
* Technical indicators:
* The 200-day moving average continues to trend upward since May 5, 2025, indicating a strong trend.
* On the four-hour time frame, some analyses indicate a downward trend based on the 50 and 200-day moving averages.
* The Relative Strength Index (RSI) is currently above the neutral zone, indicating that the price is in the 'overbought' area but may remain so for a while.
* Price predictions: There is a divergence in forecasts, with some indicating a significant rise in the coming months, while others warn of high volatility in the cryptocurrency market.
* Ecosystem developments: There are ongoing efforts to develop the Shiba Inu ecosystem with new features such as decentralized finance (DeFi) applications and non-fungible tokens (NFTs), which may enhance the currency's appeal.
Summary:
SHIB coin appears to be experiencing price volatility currently, with positive factors such as whale activity and potential burn rates, along with some mixed technical signals. Investors should monitor the market closely and conduct their own research before making any investment decisions.
