Shiba

bullish

2024

STARS

Shiba Inu

The Shiba Inu price has soared 10% in the last 24 hours <a href="https://www.coingecko.com/en/coins/shiba-inu" rel="noopener noreferrer nofollow">to trade at $0.00001637</a> as of 3:25 a.m. EST on a 117% surge in trading volume to $823 million.
The SHIB price pump follows a recent post by Shib’s marketing lead Lucie on X, sharing news about the launch of a new stablecoin.
Introduced by the founder in 2021 and named SHI, this stablecoin is an important step for the Shibarium network. Although still in development, it has generated a lot of excitement within the community.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The SHI Stablecoin: A Key Development for Stability and Utility in the Shibarium Ecosystem
 The SHI stablecoin is a crucial development within the Shib ecosystem, currently in the works and not yet released. Its introduction is expected to significantly enhance the Shibarium… <a href="https://t.co/UyrJgnYR45" rel="noopener noreferrer nofollow">pic.twitter.com/UyrJgnYR45</a>
 — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1839182205043593336?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 26, 2024</a>
</blockquote>
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SHI is set to play a vital role in Shibarium’s DeFi applications, supporting lending, borrowing, and yield farming, which will enhance the network’s utility.
This could attract more users who are wary of crypto volatility, leading to higher adoption. Increased usage will result in more transactions, boosting the token burn rate and potentially driving up the token’s price.
<h2 id="shiba-inu-price-could-rebound-above-the-rounded-bottom-neck">Shiba Inu Price Could Rebound Above The Rounded Bottom Neck</h2>
The Shiba Inu price shows a strong bullish trend in the 4-hour timeframe, with indicators pointing towards potential further gains. A rounded bottom pattern has formed, signaling the end of a previous downtrend and the beginning of a new upward movement.
This pattern suggests that the market has established a solid base and is ready for further upward momentum.
A moving average crossover is also present, where the shorter-term moving average (in blue) crosses above the longer-term moving average (in green). This bullish crossover is a classic signal of an uptrend, reinforcing the current bullish outlook.
<img decoding="async" class="aligncenter wp-image-580288 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_SHIB_USD-SHI_2024-09-26_10-48-08.png" alt="Shiba Inu price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_SHIB_USD-SHI_2024-09-26_10-48-08.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_SHIB_USD-SHI_2024-09-26_10-48-08-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_SHIB_USD-SHI_2024-09-26_10-48-08-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_SHIB_USD-SHI_2024-09-26_10-48-08-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px">
SHIBUSD Analysis Source: Dextools.io
Additionally, a support level has been established around 0.00001446, which has been tested and held firm. This strong price floor indicates buyers are stepping in to prevent further declines.
The green arrow labeled “More Reward” indicates that the price is expected to continue rising from its current level. The MACD (Moving Average Convergence Divergence) indicator at the bottom further supports this bullish sentiment, with the blue signal line crossing above the orange line, indicating positive momentum.
The widening gap between the MACD lines also shows that the bullish momentum is increasing.
However, the RSI (Relative Strength Index) is currently at 70.79, near the overbought threshold. This indicates that while the Shiba Inu price is in a strong uptrend, it may face some consolidation or minor pullbacks as the market could be slightly overextended.
SHIB is likely to keep moving up. However, since the RSI is close to being overbought, there might be a brief pause or pullback before it continues to rise.
<h2 id="crypto-all-stars-stars-surpasses-1-6-million-in-presale-best-crypto-to-buy-now">Crypto All-Stars (STARS) Surpasses $1.6 Million In Presale: Best Crypto To Buy Now?</h2>
<span style="background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);">As the SHIB price soars, investors are also pumping funds into an innovative new meme coin called <a href="https://insidebitcoins.com/visit/cryptoallstars" target="_blank" rel="noopener noreferrer nofollow">Crypto All-Stars (STARS)</a>, which offers a staking yield so astronomical it’s helped the project’s presale funding rocket past $1.6 million.
Popular YouTuber and analyst ClayBro, with over $130k subscribers, says that the growing demand for the STARS could drive its price higher after it launches.
<iframe title="Crypto All Stars Offers Huge Rewards For SHIB, DOGE and PEPE Holders!" width="640" height="360" src="https://www.youtube.com/embed/ksCD3tlGMBM?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>
Crypto All-Stars offers real utility through its ‘MemeVault’ feature, which allows holders of popular meme coins to stake their assets and earn rewards in $STARS tokens.
Supported meme coins include DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO. Users can also stake STARS tokens to earn a rare rewards multiplier.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 What Is Crypto All-Stars?
 Crypto All-Stars is set to revolutionize the meme coin sector with its innovative ‘Meme Vault’ platform. 💥
 This is more than just another meme coin – it's an entirely new way to interact with the meme coin ecosystem!
 — web3telepath (@web3telepath) <a href="https://twitter.com/web3telepath/status/1824051735708447035?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 15, 2024</a>
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Those who stake STARS itself can earn an annual return that is an off-the-charts 916%.
You can buy $STARS with $ETH, $BNB, $USDT, or a bank card for $0.0014652 per token. But don’t wait too long to buy because the price will increase in less than two days.
<a href="https://insidebitcoins.com/visit/cryptoallstars" rel="noopener noreferrer nofollow">Buy $STARS from its official website here for a 916% APY</a>.
<h3 id="related-articles">Related Articles</h3>
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 <li><a href="https://insidebitcoins.com/news/binance-effect-pushes-neiros-pump-to-40-in-24-hours-memevault-effect-expected-soon-as-crypto-all-stars-ico-zooms-past-1-5m" rel="noopener noreferrer nofollow">‘Binance Effect’ Pushes $NEIRO’s Pump To 40% In 24 Hours – ‘MemeVault Effect’ Expected Soon As Crypto All-Stars ICO Zooms Past $1.5M</a></li>
 <li><a href="https://insidebitcoins.com/news/meme-coin-market-cap-hits-41-5b-as-meme-coin-staking-protocol-crypto-all-stars-blasts-past-1-4m-raised" rel="noopener noreferrer nofollow">Meme Coin Market Cap Hits $41.5B As Meme Coin Staking Protocol Crypto All-Stars Blasts Past $1.4M Raised</a></li>
 <li><a href="https://insidebitcoins.com/news/china-stimulus-to-boost-crypto-outlook-as-stars-are-aligning-for-macro-environment-qcp-capital-says" rel="noopener noreferrer nofollow">China Stimulus To Boost Crypto Outlook As ‘’Stars Are Aligning’’ For Macro Environment, QCP Capital Says</a></li>
</ul>

Shiba Inu Price Prediction: SHIB Soars 10% As Team Hints At Stablecoin Launch, But Experts Say This ICO With A 916% APY Is The Best Crypto T...

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