Shiba Inu (SHIB) Forms Descending Triangle Pattern as Dogecoin (DOGE) Consolidates; Analysts Bullish On This New Exchange

Quick Summary:

With their outstanding development potential, top altcoins like Shiba Inu (SHIB) and Dogecoin (DOGE) have drawn the interest of crypto investors; but, a new player is developing that might outperform both of them.

Though it faces competition from new participants in the market, analysts estimate Shiba Inu (SHIB) might even wipe a zero in this bull run.

Despite a recent 8% decline, the Shiba Inu price has shown notable consolidation over the past month trading between $0.000034 and $0.000022.

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Article Details

Category: Crypto

Markets: Hungary

Topics: Investors Crypto Price (doge) (shib) Shiba Market Exchange Dogecoin Consolidation Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 09:00:19 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 756 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24408369

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Official Website: bitcoinist.com

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News Last Updated: 9 hours ago

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