Shiba Inu Coin | SHIB Hits Rock Bottom, Is This The Floor?

本站添加: 2026-06-01

[00:00:03]The last two weeks have been absolutely devastating price action for Shiba Enucoin. And as you can see, it is nearing rock bottom prices. Now, I'm going to pull the graph out in a second here and and show you just how far down Shibbeinu coin is compared to its I mean essentially compared to its entire existence. Right now, Shibbeinu coin was much lower in 2021 and the first few months or the first few months of 2021 and of course the last few months of 2020, but nobody knew about it then, right? It it was just one of those random meme coins that popped up and then when it made a name for itself, it has never fallen below this 500 point per coin mark that it is essentially gearing up to test. Right now, we're going to be talking about it. If it sounds like something you're interested in, let's get started. What's up everybody? I'm Clay and I do want to say thank you guys for watching the video.

[00:00:58]Thank you for subscribing to the channel and thank you for understanding that YouTube is now run by AI. Well, it is allowing general discussions about crypto uh NFTTS and digital assets.

[00:01:08]That's all that this video is. It's not a promise, promotion, suggestion, recommendation, or guarantee. just you and I going over the latest market analytics, going over the latest price action, and we're going to be jumping in and talking about well, market overview and some price predictions. Here it says, Shibbeinu coin continues to remain or remains one of the most discussed topics in the cryptocurrency market because ship continues to combine memecoin popularity with a rapidly growing ecosystem. Now, I I don't think that these people still follow Shibbainucoin because there is no ecosystem. There's no developers, you know, there's no marketing team. The ecosystem team has essentially been disbanded. Says, "What started as communitydriven token has evolved into a much larger project, including Chabarium, but Burns, DeFi tools, NFTts, and and so on." Well, we know how all of that ecosystem has played out. And I like this here. Let's get started. It does say, well, we don't need to know what Shibbeinu coin is. Current market performance trading around 560 when they wrote the article here currently trading around 530 at the moment near rock bottom prices.

[00:02:17]So current price 560 3.3 billion circulating supply 589 trillion 24-hour trading volume 110 million very similar to what it's been over the last few months. uh factors influencing the price says the answer includes several important drivers such as market sentiment, token supply, community activity, whale movements, ecosystem growth and so on. The most important thing impacting the price of Shibbainucoin right now is this metric right here, market sentiment, the fear and greed index. Shibbeinucoin is extremely speculative and because we know that Shoshi and Cal and Lucy and all these cronies are not building for Shibbeinu coin, it is 100% speculative and 100% driven by community sentiment. And right now community sentiment is fearful. We cannot expect speculative meme coins like Shibbeinu coin to thrive during fear which is why we're testing major floors. So if we zoom out, we can see that Shibbeinu coin over the last several years, we can move this.

[00:03:30]See if we can move this this line here to connect. Shibbeinu coin since 2021 has hit these bottoms right here, 510 points per coin. Coming back up, testing 540 points per coin. Coming in here, 508 points per coin. And this is the wedge.

[00:03:51]This is the floor that we are currently testing. And we are currently sitting in here at about 530 points per coin, guys.

[00:03:59]With the absolute bottom being 500 points per coin and this slight ticking up from 500 to 510 to 530 and so on.

[00:04:12]There's just a slight increase in the overall floor. And that's where Shibbeinu coin currently stands. This is the bottom. This is the bottom that must be defended. This is the bottom that we know beyond this, we are in unchartered territory. There is no technical support for Shibbeinu coin beyond these levels.

[00:04:35]So what does that mean? That means that if it falls through, it doesn't mean that it's over. It doesn't mean that ship is dead. It doesn't mean that it's going to crash down to absolutely nothing. It simply means that we have we're we're going where we've never gone before. And if you still believe in meme coins, if you still believe that these speculative assets can grow in value, it could be the most opportune time ever to accumulate. Now, that's the way that I have to view it. I own Shibbeinu coin.

[00:05:08]Yes, I continue to accumulate Shibbeinu coin as well as many other memes, altcoins, and Bitcoin, but that's my strategy. Self-reflect on your strategy.

[00:05:20]I believe memecoins will grow for a variety of reasons. Let's just talk about a couple of them. Number one, we've been in a fearful situation for the last essentially year and a half. I I believe it is, in my opinion, manipulated. I believe that this industry is growing, but they do not want you to accumulate. They want you fearful right now. They want you selling. They want your cryptocurrency at a cheaper price. Now, that sounds cynical. I I know that it does. But when you look at everything, when you look at regulatory clarity, when you look at all of the framework that's being built, when you look at an industry uh essentially that's only 15 years old, when you look at everything that the digital asset space is, I believe that it'll be here 10 years from now. I believe that it'll be here 20 years from now. And because of that, I believe it will grow. Because I believe it'll grow.

[00:06:15]I believe institutions believe it'll grow. They simply want your crypto for themselves. So if you guys are interested in accumulating crypto, I do so in a couple places on the blockchain through wallets like Best Wallet. I use centralized exchanges like the KSEX exchange and I do own some Shibbeinu coin on KSEX. It's very easy to buy and I believe you could get it on 75x leverage or or somewhere around there if you are interested in leverage trading.

[00:06:41]And I've got four trading bots running on the Bit Unix exchange. Each one of them currently making about 55% annualized and they've been running for like three, four months now. So you guys can check the links out for everything down in the description below. Let me know what you think and until the next time, hope to each and every one of you have an awesome day.