Oh joy, another day in the rollercoaster that is SHIB (aka “the crypto everyone owns but no one really believes in”). It dropped 3% on Sunday, because of course it did. Friday’s “gains” were about as lasting as a summer fling. 💸
- SHIB’s price retreated like it just remembered it’s a meme coin pretending to be serious. 🐕📉
- Smart money? More like “smart ghosts” who’ve ghosted SHIB since August. 👻🧠
- Whales are fleeing faster than you’d leave a family BBQ with your ex there. 🐋💨
- Shibarium’s activity? Lower than my expectations for a reality TV show. 🐾💸
SHIB’s slump mirrors BTC and ETH, because why be original when you can just cry along to the big boys’ tears? 📉 Nansen data reveals “smart money” hodlers dropped from 48.6B tokens to 40.42B-still enough to buy a small island, but clearly not worth the effort. 🏝️
Whales? They’re down to 45B SHIB from 47.6B. Are they nervous? Or just bored? Hard to tell. Meanwhile, Shibarium’s TVL is $1.79 million-half the budget of a TikTok influencer’s vacation. 🏖️ There’s zero stablecoin action and 17 DeFi protocols, which is 16 too many if we’re being honest.
Shiba Inu Price Technical Analysis: Because We’re All Desperate for Hope 🤞
The chart’s as exciting as watching paint dry. SHIB’s stuck in a symmetrical triangle of snores (see: the image). It’s consolidating between moving averages like a teenager deciding whether to text back. 📉😴
Will it break out? Maybe. A bullish surge could hit $0.00001600 (July’s peak), which is still less than a pack of gum. Bearish? Down to $0.00001015-June’s lows. Because nothing says “confidence” like a coin flirting with its rock bottom. 🐾☠️
In conclusion: SHIB holders are either optimists, masochists, or people who forgot they own it. Your move, whales. (But probably not.) 🎩
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2025-08-24 22:06