Shiba Inu koers riskeert 21% crash door inflatie binnen netwerk
The current stagnation in Shiba Inu prices has caused concern among the SHIB community. The key support level at $0.00002093 appears to be holding, but for how long? Which cryptocurrency or Shiba Inu to buy now?
The Shiba Inu community is concerned. After rising above $0.30 in early December, the Shiba Inu experienced consolidation. Shiba Inu price is now close to the key support level at $0.00002093 since the beginning of the year.
Now the technical fundamentals are sending negative signals, and there are even rumors that it could plummet 21%.
Shiba Inu Network Experiences Inflation
Developments within the Shiba Inu network have analysts talking about possible further consolidation of Shiba Inu prices.
The most important metric currently painting a negative image of Shiba Inu is the network value to transaction volume (NVT) ratio. This ratio indicates whether there is currently overvaluation. Inflation usually occurs when the value of the network is much higher than the number of transactions.
Now that this NVT ratio has peaked quite high within the Shiba Inu market, Shiba Inu prices may undergo a significant correction.
In addition to the NVT ratio, the momentum indicator and EMA are also giving negative signals. The Momentum indicator for Shiba Inu price is currently giving a sell signal with a value of -0.00000287. The recent consolidation in Shiba Inu prices has also had an impact on the EMA. Most EMA prices are now higher than SHIB prices. Only the 200-day moving average is currently below SHIB price.
The combination of these factors paints a poor picture for the Shiba Inu’s near future.
Shiba Inu prices may face 21% plunge
Shiba Inu price currently remains above its important support level at $0.00002093. However, once the price breaks below this level, the price may drop to $0.00001961. From there it could even fall further towards $0.00001676. A drop to $0.00001676 would represent a drop of up to 21%.
With this prospect in mind, it will be interesting for investors to turn their attention to other altcoins. Recently, several promising altcoins have emerged on the market and they now seem to be good candidates for cryptocurrency investors. Therefore, below we will discuss three of these altcoins in more detail.
Wall Street Pepe (WEPE) – Giving small traders access to the cryptocurrency market
The ultra-competitive cryptocurrency market makes it difficult for small traders to make huge profits. A growing number of large crypto whales and institutions are grabbing big sums of money. of wall street pepe However, a new crypto project has emerged on the market that hopes to change this. This project aims to provide these small traders with the trading insights they need to gain a significant advantage.
Grind. Stacked. Focus on green. 🐸⚔️ pic.twitter.com/W0MbgCIOAL
— Wall Street Pepe (@WEPEToken) January 14, 2025
Wall Street Pepe is a cross between the viral Pepe Coin and The Wolf of Wall Street. The project provides users with benefits such as trading signals and strategies to help them navigate the complex world of the cryptocurrency market. Wall Street Pepe’s goal is to turn his army of Wee Pepe’s into the next wave of wealthy investors.
Wall Street Pepe is powered by its native WEPE token. The token is currently in a pre-sale phase and is being sold at a significant discount. However, as the price of the token increases with each new phase of the pre-sale, users must be quick to take advantage of the current low price.
Visit Wall Street Pepe Presale
MIND of Pepe (MIND) – New AI Crypto Project Impresses
Artificial intelligence is now playing an increasingly important role in the crypto market, and more and more crypto projects are trying to benefit from it. of Pepe’s soul However, now a crypto project has been launched that takes this artificial intelligence technology to a whole new level. Pepe’s MIND uses this artificial intelligence technology to solve some of the most important problems in the crypto market.
MIND of Pepe has its own artificial intelligence agent that provides real-time insights to MIND of Pepe users. These insights can help investors make the right trading decisions. It helps these users process a vast amount of market insights. They also get exclusive access to trends and early purchases.
To give early investors exclusive access to MIND or Pepe’s AI capabilities, the project is now on pre-sale. Users who purchase MIND tokens will receive exclusive benefits such as staking rewards, trend analysis, and unique features. Pepe’s MIND pre-sale has now raised nearly $1 million in investment within 24 hours.
Visit MIND or Pepe for pre-sales
Meme Index (MEMEX) – Revolutionizing the way people invest in meme coins
meme index is a new platform that is revolutionizing the way users invest in meme coins. The project makes it possible to enter the $120 billion memecoin market with a single token.
Meme Index Telegram is now live! 📈📈
this is yours $MEMEX The journey begins.
Related: https://t.co/JaYKr7Fvvu pic.twitter.com/DwZuQK60vt
— Meme Index (@memecoin_index) January 13, 2025
Meme Index is a groundbreaking platform designed to de-risk the meme coin market. Users have access to four different memecoin indices: Titan Index, Moonshot Index, MidCap Index, and Crazy Index. The index is dynamic and constantly updated with the latest trends in the memecoin market.
Users who purchase native MEMEX tokens will also receive staking rewards, board participation, and more. MEMEX tokens are currently in the pre-sale phase. During this presale, 15% of the total token supply will be sold. Over $2.4 million in investment has been raised so far, with each MEMEX token costing $0.0152243.
