The so-called “Doji Coin Killer” has surged almost 200% since the beginning of the week of October 4, reaching a dazzling new high of $ 0.000025. The sudden bullish urge surprised many market users after more than 100 days of stagnation. However, the behavioral analytics platform Santiment has often proposed “crowd hype” that grows in tandem with prices, followed by sharp revisions.
IntoTheBlock’s In / Out of the Money Around Price (IOMAP) model shows that $ 0.000021 represents a strong foothold for assets.
Over 10,000 addresses have so far purchased over 630 billion SHIB at this price level.
These major demand barriers suggest that well below this level could lead to further losses.
This means that the Shiba Inu can plummet to $ 0.000017 and even $ 0.000015.
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Shiba Inu Price LIVE: “Doji Coin Killer” Hits Major Block-Coin Falls to “Nose Dive” 60% | UK | News
SourceShiba Inu Price LIVE: “Doji Coin Killer” Hits Major Block-Coin Falls to “Nose Dive” 60% | UK | News