ICYMI: ShibaInu burn rate jumps by 231%, with 187 million $SHIB destroyed SHIB SHIBArmy
Expectations also remain on incoming projects such as the SHI stablecoin, which SHIB lead developer Shytoshi Kusama stated might launch in 2022. According to recent updates shared by Unification, Shibarium beta phase might launch in Q3, 2022. was trading down 3.53% at $0.000011.
The relative strength index, a momentum indicator, might suggest that the Shiba Inu price is poised for a short-term move. The indicator is currently above the neutral mark of 50, marking"55," which suggests an edge to the buyers in the meantime. Shiba Inu is also trading above the prior short-term barrier at $0.000010. If buyers emerge at current prices, the next major resistance remains at $0.000021. In the case of declines, SHIB might retest the support at $0.000010.
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