Shiba Inu Price is Not Going to $1 But These Coins Might
Why Trust Cryptonews
Shiba Inu price is slightly bullish, having gained more than 2% and more than 25% to trade at $0.000012. However, it is unlikely to reach $1 anytime soon, but there are other coins that may provide a good profit opportunity.
The Shiba Inu coin jumped to a new 6-week high today after it broke above a significant barrier of resistance. Likewise, Dogecoin continued its recent uptrend, reaching a new monthly high.
https://www.twitter.com/WhaleStats/status/1586184596605046786?s=20&t=z4ysai5sXvjbJRU_cpqDVg
A recent tweet by the WhaleAlert tracking service revealed that the combined SHIB balance of the top 5,000 and top 100 whales on Ethereum had fallen below the $100,000 threshold.
https://www.twitter.com/WhaleStats/status/1585700719541325825?s=20&t=6CWLmA3mI87nnQbBivbj3w
According to recent data compiled by WhaleStats, the combined value of SHIB held by the top 5,000 and 100 whales is $94,297,394. Even after releasing large amounts of SHIB, whales typically held on to at least $122 million.
Shiba Inu Price & Tokenomics
The current Shiba Inu price is $0.000012, and the 24-hour trading volume is $2 billion. Shiba Inu has decreased by 2.81% in the last 24 hours. With a live market cap of $6 billionCoinMarketCap currently ranks 13th. It has a total circulating supply of 549,063,278,876,302 SHIB coins.
Shiba Inu’s upside potential remains strong, with an immediate target of $0.000014, and a break above this can extend the uptrend to $0.000017. In the meantime, support remains at $0.000012.
Since the RSI and MACD are both in the buy zone, investors should seek to make purchases of $0.000012 or more today. Whereas, a break below $0.000012 can expose Shiba Inu towards $0.000010 or $0.0000095 level.
Three Coins with Potential
Although Shiba Inu is experiencing a bearish correction and has a lower chance of reaching $1, the following three coins may outperform Shiba and reach $1 in the future.
Dash 2 Trade (D2T)
In less than two weeks, the Dash 2 Trade presale has already raised more than $3.3 million.
This sum reflects the Ethereum-based trading intelligence platform’s high regard. The platform, which is expected to launch in the first quarter of 2023, will provide investors with real-time analytics and social data.
The presale stage 2 has raised $3,264,191 out of a total of $5,166,000 in less than two weeks at a rate of 1 D2T = 0.0513 USDT.
IMPT
By the time this is published, more over $11.5 million ($11,539,693) of the $25.9 million required for the second stage of the presale, which boosts the price to $0.023, has been raised.
Simply said, carbon emissions have never been higher in human history than they are today. Temperatures have hit record highs, and as a result, issues have developed in every part of the planet. In recent years, there has been a greater emphasis placed on preventing environmental damage caused by the use of goods and services.
Currently, one carbon credit can be used to offset the effects of one tonne of carbon emissions.
Despite this, there is a huge opportunity for a company to streamline the $270 billion global carbon offset industry. You can still participate in the presale by visiting the IMPT website and purchasing IMPT coin.
Calvaria (RIA)
Another GameFi project that many people may be interested in is Calvaria (RIA), which is now in pre-sale. The project is a P2E battle card game in which players can duel, earn, and upgrade cards with stunning artwork.
Of course, the ultimate goal is to become the dominant power on the battlefield and defeat all opponents.
1 USDT presently buys 50 RIA tokens, and the project has already sold 56% of the tokens for a total of $802,338 in proceeds.
Anyone interested in participating in the presale should act immediately, as tokens are selling swiftly and may not be accessible for long.
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