SHIB Price Forecast: What To Do As WazirX Exploiter Sells 35B Shiba Inu

Quick Summary:

After experiencing a notable price surge over the past few days, the Shiba Inu rally appears to lack momentum as it faces resistance following a hack attack on India’s WazirX exchange.

The technical indicators for the SHIB on the 4-hour chart reflect a nuanced market scenario.

As of the latest reports, the exploiter has sold approximately 35 billion SHIB, equivalent to $618,000, and still possesses a staggering 5.4 trillion SHIB, valued at around $95.45 million.

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Article Details

Category: Crypto

Markets: India

Topics: Price Analysis Shiba inu Shiba Inu Coin Price Prediction SHIB SHIB Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 11:08:12 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 519 words

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Copyright Owner: © CoinGape

News ID: 21673806

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