The Shiba Inu community is famously gung-ho about the meme coin, with a huge groundswell of social media support and a very loyal user base. Even a group of committed cheerleaders might not be enough to save the Shiba Inu coin price for what’s coming next though, as it battles a death cross and the arrival of 1FUEL, the innovative, tech-advanced secure crypto wallet that’s set to change the digital asset management game for good.
Read on to find out why Shiba Inu is facing a battle royale, and why holders may be tempted to tap out in order to benefit from 1FUEL’s expected 20x leap following the conclusion of its viral presale.
Shiba Inu warning sirens blaring as death cross appears on charts
Many meme coins have struggled this year thanks to increased market volatility, declining investor interest and a demand for greater functionality and features than meme coins are designed to offer. This harsh new reality is one that Shiba Inu coin holders may need to get used to.
Shiba Inu’s price is flat lining, with a 8.67% loss in the last seven days and a sharp 25.46% drop in the last month. Back in March, Shiba Inu was flying high, trading at $0.000046 but it has been unable to regain that level in the last 12 months. At time of writing Shiba Inu was trading at $0.000015 , this is more than 82% below its all-time high.
Shiba Inu holders could well find February has one or two more stings in its tale. A technical analysis has uncovered a major death cross, signalling that further Shiba Inu price retracements are highly likely. The other threat? The secure crypto wallet 1FUEL is tempting investors from across the board, which could also heap further selling pressure on Shiba Inu.
1FUEL: The decentralized exchange set to rewrite the laws of crypto with its one-click technology
1FUEL’s advanced, AI-powered technology is the very definition of a game changer. The secure wallet and exchange is a solution for all digital asset managers, from the newcomer to the seasoned crypto investor.
A smart end-to-end platform, 1FUEL offers a plethora of innovative and intuitive tools. The secure crypto wallet and features like a decentralized peer-to-peer exchange also fulfil a variety of needs, from managing assets to trading coins across blockchains.
1FUEL’s standout feature is its one-click, cross-chain technology and it’s this massive leap forward for crypto traders that is set to push 1FUEL to huge levels of user adoption and enormous price gains. Analysts have been wowed by the potential applications and utility and project 20x growth following the presale phase.
This is likely to be just the tip of the iceberg with insiders also talking about 100x growth potential and returns in excess of 500% for investors. With guaranteed fast, private, safe and secure trades, meme coins like Shiba Inu are set to be totally overshadowed.
Join the presale
The 1FUEL cryptocurrency presale is fast completing stage four, meaning prices will rise in the very near future. Don’t let that happen before you get the chance to buy in. Join now.
To Find Out More About The 1Fuel Presale Use The Links Below:
Website: https://1fuel.io/
Telegram:https://t.me/Portal_1Fuel
Twitter / X – https://x.com/1Fuel_
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