SHIBs, Trillions, and Price Battles: The Wild Ride of Shiba Inu! 😂🚀

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Ah, the Shiba Inu saga continues—a tale of triumph and tribulation! Recently, this furry little coin has found itself paw-deep in a critical quagmire, where a staggering 518.2 trillion SHIB coins were once snatched up, as if they were the last treats at a canine buffet. 🐶

In a majestic ascent, Shiba Inu climbed for a triumphant three days straight since July 8, reaching a dizzying height of $0.00001387 on Friday—only to retreat like a shy pup when faced with a sudden noise. What a rollercoaster! 🎢

Presently, SHIB stands down 1.34% in the last 24 hours at $0.00001324, though it’s still flaunting a handsome 15.94% gain this week. Talk about wearing both a crown and a frown! 😅 Right now, it finds itself in a dramatic standoff, with buyers and sellers squaring off like rival packs over the short-term direction.

With SHIB’s price hovering at $0.000013, it’s staring down the barrel of a momentous wall: the densely packed 518.2 trillion SHIB supply. One must wonder—what’s a little dogecoin to do next? 🐾

According to the wise sages at IntoTheBlock, those 518.2 trillion SHIB were previously acquired between $0.000014 and $0.000019, with an average cost basis of $0.000016, accumulated by 166,420 eager addresses. Every single one of them now, like hopeful children in a candy store, is eagerly waiting for a thrilling price uptick to break even and potentially stir the pot of profits! 🍬💰

And then? What glorious fate lies ahead?

For SHIB to successfully clamber over that mighty wall of 518.2 trillion, a surge of buying enthusiasm may be necessary—like throwing bones at a dog show. A clear breakout above $0.00001387 might unleash a riot of excitement, catapulting it toward the elusive $0.000014 to $0.000019 range. But beware! Rejection at this level could send it scuttling toward the lower support zones. Oh, the drama! 🎭

The next floor, if one can call it that, rests around $0.000008 to $0.000013, where a mere 108.16 trillion SHIB were previously scooped up. Talk about a crowded room! 🏠

But wait! There’s more—our courageous Shiba Inu has risen a splendid 16% this very month. This is its strongest performance since the stark winter of November, fuelled by a renewed appetite for risk within the cryptocurrency market. Oh, how the tide shifts!! 🌊

A potential double bottom pattern is forming, promising a turn of the tide—one can hardly believe their eyes! If SHIB manages to shatter the May high resistance level of $0.00001764, who knows what heights this little pooch could reach? The stakes have never been higher! 🏆

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2025-07-12 18:04