SHIB was the most traded token in the last 24 hours among the top 100 Ethereum whales. Its price also increased by over 2% over the last day.
Soon after the purchase, SHIB’s price registered an uptick as it increased by more than 2% in the last 24 hours. According to
, at the time of writing, it was trading at $0.00000673 with a market cap of over $3 billion, making it the 18th largest crypto.Though the price hike looked promising, it might not last long. The price increase was accompanied by an over 20% decline in trading volume, which is a bearish divergence. SHIB’s Exponential Moving Average Ribbon also revealed that the bears were leading the market at press time.
However, Shiba Inu’s Chaikin Money Flow registered an uptick. Therefore, the possibility of a further uptrend could not be ruled out.Amidst this chaos, LUCIE, a Twitter account that posts updates related to the Shiba Inu ecosystem, hinted at Shibarium’s mainnet launch. As per the tweet, theCrypto will win because it represents the people. It's a battle against corruption, manipulation and it’s fight for financial freedom.
Not every coin will survive this battle ( be careful what you choose, but the Shiba Ecosystem will not only…
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