lixivia

SHIBA INU -A dying token with an artificial pump, ripe for short

Short
BINANCE:SHIBUSDT   SHIB / TetherUS
Shiba Inu is a meme token hyped in the last few months as a "doge killer". With such an outrageous "use case", its no wonder it has been dying as the hype fades. It is still in the top 100 of cryptocurrencies. Coinbase listing announcement yesterday caused the price to surge again, inverting a succession of lower highs and lower lows. Coinbase pump is over, however, and the token should resume downtrend to extinction from now. This downtrend will be compounded in the short term by the "sell the news" event coinbase listing, and the overall crypto market crash in the making. The google search trends are also very clear about where the token is headed, as there is a very clear decline in google search.
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