SHIBARIUM UNVEILED

in LeoFinance2 years ago

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We are seeing the likes of Dogecoin absolutely explode due to Elon Musk changing the Twitter logo to the Dogecoin logo. That is something that has been kind of essential for Dogecoin. Speaking of Shib, it fails to keep pace as a lot of whales and a lot of money are pumped into Doge. Shib has been kind of stale trading into the red, trading volumes have been rebounding nicely for Shib and it is hitting an impressive $420 million. When we talk about price action, we need the volume to stimulate the price actions and that is something where you get the activities, you get moving and that is something essential for the good organic growth of crypto.

Despite all the technical analysis and all the good macro development that are seeing potential lining within the future of crypto. With Shibarium unveiled, the mainnet is launched, as well as the real thing we are seeing with their metaverse. There is a huge roadmap catalyst that people were looking for. We don't necessarily get the price pump for Shibarium from the day testing in the Beta testing, so the douth was there within but now with the mainnet coming up evolving from the copinet as well as Metaverse that Shib is developing. These are huge things, this is what is going to draw the trading volume into Shib. All of these catalysts are good things for the whales to get back into Shib.


The sentiment is strong but the transactions for these Shib whales were zero. It doesn't it they were not holding Shib is just that they were not doing anything. We need the whales back in the game to further drive Shiba Inu and I do believe that it going to come with what is happening as Shibarium gets more attention. I think we should expect more price action with the mainnet launch and the copinet launch. The whale sentiment is kind of what people will get into when they talk about price prediction. I don't know for sure if Shib can be 10x from its current level but in the longer term, it could probably be 10x from its current level.