Why SHIBA INU PRICE IS GOING UP! (HERE’S WHY!)

Hey Shiba army welcome back to another Shiba Inu coin news today article in this Shiba token analysis we are going to be taking a look at

Why SHIBA INU PRICE IS GOING UP or pumping so hard right now Shiba token is going nuts guys the whole community is pumping up this token

as you can see right here and let’s actually take a look why because a lot of people are confused even I was confused at first why we are actually

Why SHIBA INU PRICE IS GOING UP

seeing this massive pump so if we actually go ahead and measure this first you could see that we have gone up to our current price point is about six percent

and to our peak price point about eight percent very good we are starting to see a little bit of a dip right here guys a lot of people are pumping this

token but they’re also you know dropping out of this token, you know the people that have been on this token have been waiting for a breaking port

and waiting for a good price are starting to get out of the token because they are starting to take what they can get and they’re probably

thinking we’re not going to get much better than this and they’re selling the positions however the true Shiba army is actually huddling this token

and you know waiting till it to go to the moon so if we actually take a look we saw a huge pump earlier and we can even go ahead and measure this

at our peak price in about 34 minutes six percent very good and then right after that, we saw a short little dip and then back up to another all-time high

for the day  and then you know that’s sort of what we’re seeing right now we’re seeing some consolidation and then we’re going down

a little bit and I’m assuming we’re gonna see another spike back up if we follow the same pattern now you can see lots of volumes are being pumped into

Shiba Inu however

the volume is starting to go down and this is completely normal and we could actually see some good candlesticks where Shiba Inu actually starts to rise

SHIBA INU COIN IS GOING TO MOON 🚀

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Reasons Why SHIBA INU PRICE IS GOING UP?

Now let’s go ahead and talk about why we are seeing a pump guys the main reason why we are seeing a pump is there aren’t many flutters left okay

it is mainly just the Shiba army in this token we actually go ahead and pull up ethers can 613 000 holders and also the bitcoin saw a little bit

of a pump as well throughout the day saw a huge spike and then we actually started you know going up over time  and throughout the rest of the day on bitcoin

if we actually go ahead and take a look at the Shiba token we actually broke through that market cap that we were stuck at for about 2.4 billion dollars

for you know almost a week and now we are actually nearing that 2.7 billion dollar market cap it is looking good very very bullish today on Shiba token guys

and personally, I think we can honestly breakthrough that three billion-dollar market cap if we keep this up by the end of this

week meaning by the end of tomorrow would be very very reasonable

now I look through the subreddit to see what information is going around that could tell us why this token is pumping I looked through

the discord server I looked through everything and there is no real reason why Shiba Inu is pumping but I’m doing my own due

diligence and I’m just assuming that institutional investors are starting to pour in through potentially coinbase custody

if you guys don’t know coinbase custody started accepting Shiba Inu and you could buy Shiba Inu token over on coin based custody which is absolutely amazing and

Reasons Why SHIBA INU PRICE IS GOING UP

I’m assuming that’s one of the main reasons for the big pump that we are starting to see let’s go ahead and

a lot of people are hyped up to see what’s happening this is on Weebly as you can see Weebly Shiba USD is number one in popularity

list guys, so a lot of people are using the Weebly site and guys this is what we need a lot of people are going to be like oh Shiba coin is popular

now let’s look at our whales see what’s going on with our whales because a lot of people are assuming that whales are buying in and yes whales

are buying in 34 billion tokens 29 billion tokens you know 20 billion tokens 2 billion tokens however after that it doesn’t get much farther and all you see

really is 50 million tokens 153 million tokens no huge whales are buying in huge positions guys so we really just gotta wait and see what’s

gonna happen with the whales over time are the whales gonna dump these tokens? are these whales gonna buy it further in?

the whale that isn’t a centralized exchange or a staking wallet is going to be this 5 billion token mark which is good we haven’t really seen any

crazy whales dump their tokens today and guys the community has 613 000 holders, we definitely saw a big dip in our holders and the reason why

it was you know a big dip on July 6 was actually because a lot of people started staking their tokens so we did see a 3 000 holder dip

however, we are starting to get back up to the point where we are losing all the fighters and the people in the ship army are just

people that love the army and that are going to be holding the token which is what we want we don’t want people to swing

trading or token we want people you know investing into this token and hoping for it to pretty much you know to be big later on which in my

opinion honestly we’re starting to set some new all-time highs for the week which is awesome, we want to continue to actually see this growth and

in all honesty, think we will continue to grow we just have to you know monitor it see what’s going to happen with the Shiba token

and see what’s going to happen with Shiba swap I’m assuming Shiba swap is absolutely thriving right now.:

Read Also: SHIBA INU COIN Update: WHAT CATHIE WOOD JUST EXPOSED ABOUT SHIBA INU?

Shiba Inu Token BURN Confirmed – This Will Make SHIB Holders RICH

 

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