Newsbtc
1 month ago
Shiba Inu Exchange Balances Reach New Low As SHIB Bounces Off Golden Ratio
The Shiba Inu ecosystem is exhibiting bullish signs with exchange balances of SHIB hitting new lows as holders transfer tokens to private wallets, indicating potential price surge. The price of SHIB has also bounced off the 0.618 Fibonacci ratio level, commonly termed the 'golden ratio,' suggesting the start of an uptrend. SHIB's recent price action and the $12 million investment for a layer-3 blockchain could herald its rise to $0.0001.
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