Will the new Shibarium update boost Shiba Inu price?
NegativeCryptocurrency

- The Shiba Inu cryptocurrency (SHIB) is showing signs of a potential bearish breakout, having formed a double-top pattern at $0.00003365 with a neckline at $0.00001090. This pattern is often interpreted as a strong bearish reversal signal, indicating that the price may decline significantly in the coming months.
- This development is critical for Shiba Inu as it may affect investor confidence and market sentiment, especially as the cryptocurrency has recently launched a debit card to enhance its utility and has been recognized in Japan's highest-tier crypto compliance category.
- The broader cryptocurrency market is currently facing negative sentiment, with other meme coins like Dogecoin also experiencing significant price declines and breaking through support levels. This trend raises concerns about the overall market stability and the potential for further corrections across various cryptocurrencies.
— via World Pulse Now AI Editorial System







