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Shiba Inu Price Analysis: Why SHIB Isn’t Mooning Yet

22 July 2023
in SHIBA
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  • Shiba Inu’s price remains stagnant despite positive developments and the upcoming Shibarium launch.
  • Marketing specialist Lucie shares insights on market sentiment and predicts bullish vibes as we move into autumn and winter.

“Why no moon?!” Dev do something

The Shiba Inu cryptocurrency has been experiencing a period of price inactivity, leaving many investors wondering why the much-anticipated mooning hasn’t happened yet. Mooning, a term used to describe a significant price increase, has been expected following positive developments in the Shiba Inu ecosystem, including the imminent launch of Shibarium. However, the price of SHIB has remained unchanged, and data reveals that a staggering 81.81% of investors are currently at a loss, while only 12.98% are making profits.

Crypto Prices, Halving Events, and Market Sentiment

Shiba Inu team member Lucie provides valuable insights into the current market sentiment and the factors affecting SHIB’s price performance. Lucie points out that crypto prices often experience a slowdown approximately a year before a halving event, as uncertainty looms over investors regarding potential outcomes. This uncertainty can lead to a bearish sentiment during the summer months, causing some investors to feel down.

Brighter Days Ahead: Autumn and Winter Optimism 

Despite the current market conditions, Lucie remains optimistic about the future of Shiba Inu. She anticipates a shift in sentiment as we move into autumn and winter, where the market traditionally experiences brighter and more positive developments. Lucie likens this shift to the bursting of fireworks, signaling a change in momentum and the possibility of bullish vibes taking over.

“Why no moon?!”
Dev do something 😵‍💫

Crypto prices tend to chill out around a year before a halving event because everyone’s like, “Hmm, what’s gonna happen? 🤔

During that summer, things may get a bit bearish, and folks might feel a bit down.

But don’t worry! As we roll into… pic.twitter.com/SPcb0vR0it

>> Buy Shiba Inu (SHIB) quickly and securely with PayPal, credit card or bank transfer at eToro. Visit Website <<

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 20, 2023

Follow us for the latest crypto news!

Shibarium’s Role in Future Growth

Shibarium, the upcoming Layer-2 scaling solution for Shiba Inu, holds the potential to be a game-changer. Lucie assures investors that Shibarium is not a pump-and-dump scheme but rather a robust technology that will fuel significant growth in the coming years. The innovative features and underlying technology of Shibarium are expected to bring genuine value and utility to the Shiba Inu community and beyond.

A Note of Caution and Excitement for the Future

While the patterns observed in the crypto world offer some insights, they do not guarantee specific outcomes. However, with the promising developments on the horizon, including the Shibarium launch, there is much reason for excitement and anticipation. Investors are encouraged to buckle up for the long run and brace themselves for potential exciting times ahead in the world of Shiba Inu.

Let’s Ride the Waves of Anticipation! 🌊

As the Shiba Inu community eagerly awaits Shibarium’s launch, the current market sentiment may be a little subdued. However, Lucie’s insights and optimism provide reassurance that brighter days lie ahead. So, buckle up and prepare for potential price surges and positive developments as we sail into the promising autumn and winter seasons. The road to the moon might not be immediate, but exciting times could be just around the corner! 🌕🚀 #Shibarium #SummerOfShibarium

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Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.


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