Shiba Inu’s Big Reveal: 200 Billion SHIB Flooded into Exchanges – What Could Go Wrong?

Now, let’s not get ahead of ourselves. This influx is happening just as SHIB is trying to do its impression of a phoenix between $0.0000085 and $0.0000087. Spoiler alert: it’s still below all the fancy EMAs (that’s chartspeak for moving averages, sweetie)-the 50, 100, and 200-each still pointing south like a bad date. That recent little bounce? Just a technical hiccup, not a miracle that invalidates our good old downtrend. Sorry, optimists.




