Shiba Inu Price Analysis: Potential for LAIKA and PEPE to Surpass SHIB as Whale Transactions Decrease by 83%

Welcome to Extreme Investor Network, where we provide you with unique insights and valuable information to navigate the world of trading, stock market, and Wall Street.

In the midst of the current volatility in the crypto markets, LAIKA native token has shown resilience with a 2% rebound in the last 24 hours. Trading at $0.000073, LAIKA has a market capitalization exceeding $71 million and an average daily trading volume of $1.5 million.

One of the reasons behind LAIKA’s strength is its reward-based Laika Moon Mission Game, which could attract more demand in the coming days as investors look for opportunities to generate passive income during the bearish market phase. With the trend of memecoin whales favoring low-cap memecoins, tokens like LAIKA and PEPE are positioned to outperform SHIB in the near future.

Related:  US Dollar Outlook: Strengthened by Jobs Data, Impact on DXY, Gold, GBP/USD, and EUR/USD

On the other hand, Shiba Inu (SHIB) has experienced a significant decline, dropping to $0.0000127 and currently trading at $0.0000145. The bearish trend is evident with SHIB losing over 27% of its value in the past 12 days. The Bollinger Bands indicate increased volatility, with the price approaching the lower band, signaling further downside risk. Key support levels to monitor are $0.0000140 and the critical $0.0000130, with a potential further decline towards $0.0000120 if these levels are breached.

Stay ahead of the curve with Extreme Investor Network as we provide you with in-depth analysis, expert insights, and unique perspectives to help you navigate the volatile world of trading and investments. Join us to make informed decisions and enhance your investment strategies for success.

Related:  Can Powell's Speech Trigger a Silver (XAG) Breakout Above $30?

Source link