shiba inu The price of the token surprisingly made a U-turn, showing a remarkable recovery after experiencing a significant drop of around 5% just yesterday. Today, the token’s value has increased modestly but notably by 1.5%.
This unexpected change meme coin to the highly anticipated teaser released by essentialist Shytoshi Kusama attributable.
#wen is so last year. The real question is… #WHERE? #SHIBARMY #SHIBARIUM #SHIBOSHIS #SHIBAETERNITY #MVSHIB #SHIBACALS #WELLY #UNIFICATION #BADIDEAI #SEEYOUTHERE pic.twitter.com/vLDAXVwWGn
— Shytoshi Kusama™ (@ShytoshiKusama) June 29, 2023
NEWS CONTINUES BELOW
Known for leaving more questions than answers in every broadcast, Kusama once again cryptocurrency managed to grab the attention of the community. This time, however, the SHIB team took the initiative to lead the discussion. He marked the release of a new video with a thought-provoking statement: “Wen stayed last year. The real question is this. Where?”
Despite the anticipation surrounding Kusama’s teaser, the focus quickly returned to the price of the SHIB token. After the release and the general temporary stagnation in the crypto market, SHIB has exhibited interesting price movements.
Shiba Inu (SHIB) Price Outlook
The token value, which initially fell as low as $0.000007 per SHIB, received positive aftershocks after the teaser release. The price then increased significantly, reaching $0.000073.
Analyzing the SHIB price chart, two possible scenarios emerge. The first scenario suggests that if the SHIB token maintains its current level and the daily candle closes here, it will show the strength and presence of interested buyers.
On the other hand, the second scenario predicts the price to return to $0.000007 after this bounce or even drop below.