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Home»Meme Coins»Shiba Inu Birthday Month: Projections for SHIB August 2024 Performance
Meme Coins

Shiba Inu Birthday Month: Projections for SHIB August 2024 Performance

4 August 2024No Comments3 Mins Read
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  • Shiba Inu marks his fourth birthday with 1,401.173 Shib Army.
  • Shiba Inu has registered an increase of 150,000,000% from its initial price to its ATH.
  • This month, SHIB has fallen more than 11%and falls under the most important support levels.

The performance of Shiba Inu in recent weeks were faint, characterized by lower lows and lower highlights during market recovery. Yesterday, Shib fell further to $ 0.00001381, the lowest value this month, with only a slight recovery per period time.

In the meantime, Shiba Inu is celebrating its fourth birthday on the Cryptomarkt this month, after being launched in August 2020. The Shiba Inu team has marked this milestone and has noticed its remarkable performance over the years.

In a festive position, the content specialist of Shiba Inu Lucie emphasized the growth of the Shib community, now with an army of 1,401.173 supporters. She noted that the impressive wealth was created in just four years, with Shib recording an amazing increase of 150 million percent compared to the initial price of $ 0.000000000056 to its highest height of $ 0.00008616 in October 2021.

This growth in particular means that even an investment of $ 100 in Shiba Inu could have yielded $ 150 million in the event of a return at the lowest price. Countless accounts exist of people who have made fortunes made of Shiba Inu, including the most profitable trade on record, with an trader changing an investment of $ 8,000 into $ 5.7 billion. This remarkable success could be seen in one of the weekly publications of Shiba Inu.

See also  Shiba Inu Unveils ShibDAO for Decentralized Governance

The growth from 150,000,000% to its highest high has fueled discussions about the potential price performance of Shiba Inu during his birthday month.

Shiba Inu has already fallen by more than 11% this month. Looking at historical data, Shiba Inu also finished August 2023 with a decrease of 5.44%. In August 2022 and 2021, however, Shiba Inu had remarkably positive profit.

An analyst identified $ 0.000015 as the crucial level of support for Shiba Inu to defend to be able to double the potential in price to $ 0.00003. Shiba Inu, however, has fallen far below this level of support.

In the meantime, the cryptomarkt is currently in a bullish phase. Shiba Inu could be considerably reflected if Bitcoin shows stability.

Safeguard: The information presented in this article is only for informative and educational purposes. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses as a result of the use of the aforementioned content, products or services. Readers are advised to be careful before taking action with regard to the company.

August Birthday Inu Month Performance Projections SHIB Shiba
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