CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Altcoins

All Eyes on Shibarium, as SHIB Stays Above $0.00001 Resistance

14.08.2023
A A
0
131
VIEWS
ShareShare

All Eyes on Shibarium, as SHIB Stays Above $0.00001 Resistance

  • Shiba Inu (SHIB) broke through the $0.00001 resistance, solid support level for a bullish rally.
  • Shytoshi Kusama, hinted at upcoming announcements for LEASH token holders, including a new utility.

Shiba Inu (SHIB) token has surged to the forefront of the cryptocurrency market, captivating investors and enthusiasts with its meme-inspired origins. As anticipation builds for the upcoming launch of Shibarium, the Shiba Inu ecosystem is poised to achieve yet another significant milestone.

Over the past month, the SHIB token has experienced a rally in activity, reaching its peak during the month of July. This surge has been accompanied by a remarkable increase in the number of new SHIB addresses. According to IntoTheBlock data, Shiba Inu addresses stand at a volume of 3.5 million.

Further, Shiba Inu’s lead developer, Shytoshi Kusama, has dropped hints about an upcoming announcement for LEASH token holders. Kusama, recently unveiled plans to reveal something special on Tuesday at 1 p.m. EST. Following this, a new utility for the Leash token is set to be introduced.

The Leash token, often dubbed the “Doge Killer,” stands as one of the three native tokens within the Shiba Inu ecosystem, alongside BONE and SHIB. According to CoinMarketCap data, the Leash token’s current price is $567, with its market capitalization hovering around $60.16 million.

Shiba Inu (SHIB) 24-Hour Market Status

As the countdown to the launch of Shibarium continues, all eyes are on the Shiba Inu ecosystem. Shiba Inu prices soared 11% in a week and 30% in a month. But still SHIB has declined by 2.7% in the last 24 hours.

Shiba Inu (SHIB) Price Chart (Source: TradingView)

However, the price of Shiba Inu stands in the $0.00001 range, standing in the way of bulls. With a newfound support level for bulls, SHIB has maintained its upward trend. With the price moving in the direction of the $0.000011 resistance and even the $0.000013 level.

If the bear grabs the SHIB, the price may pullback to $0.000009. This price rejection proved to be of short duration, as an upsurge in positive social sentiment propelled the memecoin to surpass the $0.00001 hurdle on August 11.

On the other hand, the on-chart indicators showed a strong possibility of the extension of the bullish rally in the Shiba Inu price prediction. The Relative Strength Index (RSI) climbed into the overbought zone and stood at 66.76.

Share10Tweet6ShareSharePin2

Related Posts

Solana gains 80% in a month as Firedancer goes live on testnet
Altcoins

Solana gains 80% in a month as Firedancer goes live on testnet

02.11.2023
0

Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the...

Read moreDetails
Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

30.10.2023
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

30.10.2023
Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

27.10.2023
FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

27.10.2023
Load More
Next Post
BTC price breakout by end of August? 5 things to know in Bitcoin this week

BTC price breakout by end of August? 5 things to know in Bitcoin this week

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Joe Lubin: The truth about ETH founders split and ‘Crypto Google’

Joe Lubin: The truth about ETH founders split and ‘Crypto Google’

2 years ago
Dogecoin Community Targets New ICO in Search of 1000% ROI Tokens

Dogecoin Community Targets New ICO in Search of 1000% ROI Tokens

2 years ago
How to Invest in Bitcoin: A Beginner’s Guide to Buying and Earning

How to Invest in Bitcoin: A Beginner’s Guide to Buying and Earning

11 months ago
XRP Price Forecast: Ripple’s RLUSD Stablecoin Launch Could Trigger Major Price Move

XRP Price Forecast: Ripple’s RLUSD Stablecoin Launch Could Trigger Major Price Move

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

Why Is Crypto Up Today? – October 3, 2025

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Trending

Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases
Analysis

Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases

03.10.2025
0

The stablecoin market has crossed a landmark $300 billion capitalization, reflecting its growing role as the connective...

October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC?

October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC?

03.10.2025
Bitcoin above $120k: Here’s 3 data points bulls must watch next

Bitcoin above $120k: Here’s 3 data points bulls must watch next

03.10.2025
US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz