As the cryptocurrency market enters the new week with activity, Shiba Inu Crypto assets, especially crypto assets, continue to have question marks regarding the course of events.
According to artificial intelligence-powered algorithms used by CoinCodex, a price of $0.000009363 on February 29, 2024 seems possible. This represents a slight recovery from current levels.
As we reported as Koinfinans.com Shibarium The significant development of 3 million blocks on the front shows that a new block is added every five seconds.
On top of this, in addition to Shibarium recording over 335 million transactions in total, there are currently 1.35 million crypto wallets on-chain, demonstrating the impressive growth of the blockchain and creating a bullish case for the network’s native cryptocurrency.
Shiba Inu Analysis
Shiba Inu price is trading at $0.000008963 and recorded a decrease of 0.74% in the last 24 hours. The price has decreased by 0.23% in the last seven days, and according to the latest data, there has been a decrease of 6.47% on the monthly chart.
The 7-day technical analysis (TA) sentiment indicators at TradingView are slightly bearish on SHIB, with summaries suggesting a ‘sell’ at 9, key moving averages (MA) suggesting a ‘sell’ at 8, and oscillators suggesting a ‘sell’ at 9. in the ‘neutral’ zone.
