Shiba

April

Shiba Inu

Coin

<div class="insidebitcoins">
 The Shiba Inu price has plunged 9% in the past 24 hours to trade at $0.0000228 as of 7:25 a.m. EST on a 5% surge in trading volume to $685 million.
 <h2 id="span-style-font-weight-400-shiba-inu-price-faces-a-downturn-span">Shiba Inu Price Faces A Downturn&nbsp;</h2>
 The Shiba Inu price trades within a bullish pennant pattern after a significant surge above a long consolidation phase. This pattern hints at a bullish trend continuation for Shiba Inu’s price.&nbsp;
 The bears have taken control of the price at the upper trendline of the pennant, applying downward pressure toward the lower trendline.
 <img decoding="async" class="alignnone wp-image-515211 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201600%20687'%3E%3C/svg%3E" alt="Shiba Inu Price" width="1600" height="687" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 1600w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 300w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 1024w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 768w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 1536w" data-lazy-sizes="(max-width: 1600px) 100vw, 1600px" data-lazy-src="https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp">
 <noscript><img decoding="async" class="alignnone wp-image-515211 size-full" src="https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp" alt="Shiba Inu Price" width="1600" height="687" srcset="https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 1600w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 300w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 1024w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 768w, https://cdn.thebittimes.com/images/2024/05/01/73c2a103011ff69777f2a856b2df3111.webp 1536w" sizes="(max-width: 1600px) 100vw, 1600px">
 </noscript>
 SHIBUSDT <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>. Source: Tradingview.com
 The price trades below the 50 simple moving average (SMA) as the bulls attempt to stay afloat above the 200 SMA to maintain the general momentum.
 At the same time, the relative strength index (RSI) indicates a reversal from the midline level 50 trending downwards to the 30 oversold level. However, if the price rebounds, the RSI may reverse to the upside to reach the overbought territory, signalling intense buying pressure.
 <h2 id="span-style-font-weight-400-shiba-inu-price-bears-target-support-level-on-lower-pennant-trendline-span">Shiba Inu Price Bears Target Support Level on Lower Pennant Trendline</h2>
 The bears continue to push the price downwards to recover their losses. However, this downtrend may be shortlived, as the presence of the bullish pennant may empower the bulls to form a strong resilience at the lower trendline, bouncing back to reach the upper trendline as bulls aim for a new record high at $0.00004825.
 If the downward pressure remains strong, the price could dip below the lower boundary of the pennant at $0.00001409.
 <h2 id="span-style-font-weight-400-wienerai-surges-past-700k-span">WienerAI Surges Past $700K</h2>
 Meanwhile, as SHIB traders work out their next moves, they might also consider the WienerAI (WAI) token, which has raised over $714k in its presale.&nbsp;
 This unique project combines a meme coin with artificial intelligence (AI), two of the hottest niches in crypto.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Tail-Wagging Success
 Wiener AI Raises Over $500,000 in Funding! 🌭🚀 pic.twitter.com/7aB1wXg5PZ
 — WienerAI (@WienerDogAI) April 29, 2024
 </blockquote>
 
 In its AI department, WienerAI offers what it says is the most advanced and beginner-friendly crypto trading bot ever. The bot has predictive technology, a simple and comprehensive interface, and substantial functionality.
 The goal is to help put crypto traders ahead of the game by giving them a competitive advantages over other traders.
 “Ask the bot a question related to your crypto investment needs, and WienerAI will use its predictive technology to scour the markets in search of a winner,” says its website. “Once a winner is found matching your queries, WienerAI delivers unbiased <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> and reasoning.”
 <h2 id="stake-wai-for-1-252-annual-returns">Stake $WAI For 1,252% Annual Returns</h2>
 WAI token holders can also stake their holdings for lucrative rewards, with an annual return of 1,252% right now. More than 826 million WAI tokens are already staked.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Don't keep your dog on a leash.
 LET IT FLY 🚀 pic.twitter.com/ofLP1CxPxT
 — WienerAI (@WienerDogAI) April 28, 2024
 </blockquote>
 
 The team has set aside 20% of its total token supply of 69 billion tokens for staking endeavours.
 99Bitcoins, a popular YouTube channel with over 700,000 subscribers, says WienerAI could see a massive surge upon its launch.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/dX2VKBUpXh8" data-id="dX2VKBUpXh8" data-query="feature=oembed" data-alt="THE NEXT 100X AI PRESALE CRYPTO GEM!! New Presale to BUY NOW!!"></div>
 <noscript><iframe title="THE NEXT 100X AI PRESALE CRYPTO GEM!! New Presale to BUY NOW!!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/dX2VKBUpXh8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </noscript>
 
 $WAI tokens are priced at $0.000702. Buy now if you are interested because the price will increase in less than 17 hours.
 Buy WAI tokens on the official website here using ETH, USDT, or your bank card.
 <h2 id="span-style-font-weight-400-related-articles-span">Related Articles</h2>
 <ul>
 <li style="font-weight: 400;">Best Meme Coins to Invest in: Top Picks for Exponential Gains!</li>
 <li style="font-weight: 400;">Is It Too Late To Buy Pepe? PEPE Price Pumps 5%, And This Solana GambleFi Token Might Be The Best Crypto To Invest In 2024</li>
 <li style="font-weight: 400;">Bitcoin Price Prediction: MicroStrategy Loses $53.1 Million In Q1 But Still Buys BTC As Experts Say This Learn-To-Earn Crypto Might 10X</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-price-prediction-shib-plunges-9-as-this-new-ai-meme-coin-rockets-past-700k-tbt87165.html">https://thebittimes.com/shiba-inu-price-prediction-shib-plunges-9-as-this-new-ai-meme-coin-rockets-past-700k-tbt87165.html</a>
</div>

Shiba Inu Price Prediction: SHIB Plunges 9% As This New AI Meme Coin Rockets Past $700K

Table of Contents

TheBitTimes

Other articles published on May 1, 2024

Can Ethereum (ETH) Price Rise to $4,000 in May?

Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over

Litecoin ETF: Potential SEC Approval and Market Impact in Cryptocurrency

How Will Jerome Powell’s Speech Impact Bitcoin?

Slap On The Wrist? DOJ Faces Backlash For Letting Binance Founder Off Easy For AML Failures

Bitcoin Price Prediction 2024-2030: Will BTC Price Surpass $100K Post-Halving?

Join our free newsletter for daily crypto updates!