Shiba

Solana

April

Smog

Shiba Inu

The Shiba Inu price surged 8% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xcf6daab95c476106eca715d48de4b13287ffdeaa" rel="noopener noreferrer nofollow">to trade at $0.00002555</a> as of 03:42 a.m. EST on trading volume that soared 28% to $1.1 billion.
<h2 id="span-style-font-weight-400-shiba-inu-price-to-continue-its-rally-above-the-0-00002624-resistance-span">Shiba Inu Price To Continue Its Rally Above The $0.00002624 Resistance</h2>
<figure id="attachment_522036" aria-describedby="caption-attachment-522036" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-522036" src="https://insidebitcoins.com/wp-content/uploads/2024/05/SHIB_2024-05-16_11-42-46.png" alt="Shiba Inu Price Chart Analysis Source: GeckoTerminal.com" width="1113" height="488" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/SHIB_2024-05-16_11-42-46.png 1113w, https://insidebitcoins.com/wp-content/uploads/2024/05/SHIB_2024-05-16_11-42-46-300x132.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/SHIB_2024-05-16_11-42-46-1024x449.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/SHIB_2024-05-16_11-42-46-768x337.png 768w" sizes="(max-width: 1113px) 100vw, 1113px">
 <figcaption id="caption-attachment-522036" class="wp-caption-text">
 SHIBUSD Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
The Shiba Inu price went on a retrace from March, after it hit a yearly high of $0.00004520, breaching the $0.00002672 support to the next support at $0.00002147, data from <a href="https://www.geckoterminal.com/eth/pools/0xcf6daab95c476106eca715d48de4b13287ffdeaa" rel="noopener noreferrer nofollow">GeckoTerminal</a> shows.
However, the support at $0.00002147 supported the bulls to drive SHIB up to the resistance at $0.00002624. In the last ten days, SHIB went down from this resistance to the support level of around $0.00002224 and then up to a level of $0.00002600, forming a rounding bottom pattern, which could encourage the bulls to push the price up.
SHIB trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish momentum to the upside.
The Relative Strength Index (RSI) is rebounding from the 50-midline level to 67 as it closes in on the 70-overbought region, indicating that SHIB is currently under intense buying pressure.
The Moving Average Convergence Divergence (MACD) is also bullish, as the blue MACD line crosses over the orange signal line, forming a bullish crossover. A bullish crossover triggers more buys, which in turn propels the price to new highs.
Moreover, the green bars on the histogram also indicate that SHIB is on positive momentum, as they extend gracefully above the neutral line.
The Stochastic Oscillator 14 3 3 line (blue) also crosses above the trigger line (orange), representing a bullish moving average crossover.
<h2 id="span-style-font-weight-400-shiba-inu-price-prediction-span">Shiba Inu Price Prediction</h2>
The Shiba Inu price analysis on the 4-hour chart indicates buyers have an upper hand, as the RSI soars. According to the MACD and Stochastic Oscillator 14 3 3, SHIB is set to soar over the rounding bottom pattern, as the bulls target $0.00002924.
However, with the MACD and RSI indicating an overbought asset, there may be a price correction. In such a scenario, SHIB could undergo a slight retrace back to the support around $0.00002367, coinciding with the 200-day SMA.
Meanwhile, as the SHIB price soars, investors are also buying Solana meme coin $SMOG amid rumors of a top-tier exchange listing soon.
<h2 id="span-style-font-weight-400-smog-the-best-100x-coin-to-buy-now-span">SMOG: The Best 100X Coin To Buy Now?</h2>
Since its inception, the <a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow">Smog (SMOG)</a> token has demonstrated strong performance, and today it’s surged 17% to trade at $0.05618, according to <a href="https://www.coingecko.com/en/coins/smog/usd" rel="noopener noreferrer nofollow">Coingecko</a>.
One major factor giving it traction is its innovative approach to incentivizing token holders and fostering community participation via its airdrop program, which it vows to be ”the greatest in history.”
The team completed season 1 of the airdrop, rewarding $SMOG token holders who joined the project’s questboard on Zealy and completed daily quests and community tasks from XP. The first season ended with a snapshot taken on April 3 and giveaways amounting to about $1 million.
<img decoding="async" class="alignnone size-full wp-image-522037" src="https://insidebitcoins.com/wp-content/uploads/2024/05/chart.png" alt="SMOG PRICE CHART " width="1644" height="1200" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/chart.png 1644w, https://insidebitcoins.com/wp-content/uploads/2024/05/chart-300x219.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/chart-1024x747.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/chart-768x561.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/05/chart-1536x1121.png 1536w" sizes="(max-width: 1644px) 100vw, 1644px">
That same day, the team announced the token’s listing on the <a href="https://cryptocodes.care/b_mexc_66118" rel="noopener noreferrer nofollow">MEXC</a> centralized exchange (CEX), adding that it might open the door for another top-tier exchange listing soon.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We're thrilled to announce that the <a href="https://twitter.com/SMOGToken?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SMOGToken</a> Kickstarter has concluded and <a href="https://twitter.com/search?q=%24SMOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SMOG</a> will be listed on <a href="https://twitter.com/hashtag/MEXC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MEXC</a>!
 🔹Deposit: Opened 🔹SMOG/USDT Trading in the Innovation Zone: 2024-04-04 09:00 (UTC)
 Details: <a href="https://t.co/3ecyvrTv2n" rel="noopener noreferrer nofollow">https://t.co/3ecyvrTv2n</a> <a href="https://t.co/kvgoFiYOib" rel="noopener noreferrer nofollow">pic.twitter.com/kvgoFiYOib</a>
 — MEXC (@MEXC_Official) <a href="https://twitter.com/MEXC_Official/status/1775789028983648601?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 4, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Season 2 of the airdrop began thereafter and is currently ongoing, with the focus now shifting to on-chain activity.
Token holders can also earn passively by <a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow">staking $SMOG tokens</a> for an annual percentage yield (APY) of 42%.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Buy or stake your ERC-20 <a href="https://twitter.com/search?q=%24SMOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SMOG</a> <a href="https://twitter.com/hashtag/Tokens?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Tokens</a> through our platform. 💰🐉
 Staked tokens are securely locked for 90 days, with rewards available for withdrawal at your convenience. 🔒💸
 Every token purchased via our service is automatically staked for you. 🔄
 🔗<a href="https://t.co/8dPFpww1Ub" rel="noopener noreferrer nofollow">https://t.co/8dPFpww1Ub</a>
 — SMOG (@SMOGToken) <a href="https://twitter.com/SMOGToken/status/1760771512800284982?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 22, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
99Bitcoins, a popular crypto YouTube channel with over 700,000 subscribers, believes that $SMOG has the potential to surge 100X.
<iframe title="Last Chance To BUY SMOG... Next 100X Solana Gem?! $SMOG COIN UPDATE" width="640" height="360" src="https://www.youtube.com/embed/bBoIF3_XIrY?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>
With the possibility of another top-tier exchange listing in the works, now might be an opportune time to grab tokens before they become even more widely available.
The best place to <a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow">buy Smog tokens is on its official website here</a>, where there is a 10% discount while the offer lasts.
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Is Shiba Inu Price Eyeing A New All-Time High? SHIB Price Jumps 8% And This Solana Meme Coin Surges 17% As CEX Listing Rumors Spread

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