🚨 How High Shiba Inu Coin Will Pump?? SHIB NEWS TODAY !! ✅

⏰ CHAPTERS:

0:00 Shiba Inu News.
1:28 Shiba Inu price rallies 100% after historic lows vs. Dogecoin, more upside possibilities?
2:11 But while Shiba Inu appears to be in a better position to outperform Dogecoin, both memecoins face headwinds against the dollar in February.
3:37 Well, while we may not see interest rate declines before the end of the year, the sustained level at 5% or 5.25 will not bring things down in Bitcoin, Shiba Inu or Ethereum.
5:56 But let’s look at some of the more recent developments from ShytoshiI, and what it means for the launch of Shibarium.
6:53 I’m not exactly sure what they’re trying to accomplish with this advancement or launch for Shibarium, but the Shiba Inu Coin ecosystem team is still extremely crypto.
7:21 Shiba Inu Conclusions.

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Shiba Inu rallies thanks to this statement and hint from Shiba Inu CEO.

Shiba Inu Coin is looking solid right now, moving very well after the Fed’s interest rate decision, which will be discussed in this video, but I also want to focus on a lot of the things Shytoshi has been doing lately, because we have even more progress when it comes to the Shibarium launch.

Now, Shiba Inu is up nicely, testing some recent highs, both Bitcoin and Ethereum are doing the exact same thing. and it’s all because of the Fed’s interest rate decision, so we should focus on this being a fundamental move higher, based on the Fed news and guys, look, I’m not going to try to get ahead of myself, but it could last if we continue on the same trajectory that we’re currently on, let’s discuss it and of course, if it sounds like something you’re interested in, let’s get started.

Shiba Inu price rallies 100% after historic lows vs. Dogecoin, more upside possibilities? Technical Shiba price data hints at another possible 40% rally for Shiba Inu versus Dogecoin as Shibarium comes into focus.
The strong rally came as investor focus shifted to the impending launch of Shibarium, a Shiba Inu-backed Layer 2 blockchain built on the Ethereum mainnet, announced on Jan. 16.

As Cointelegraph reported, chiba’s price rally gained momentum amid reports that Shibarium will launch on Feb. 14.
By comparison, Dogecoin’s fundamentals looked pale, with Elon Musk suspending a doshcoin tipping bot for violating Twitter rules.
But while Shiba Inu appears to be in a better position to outperform Dogecoin, both memecoins face headwinds against the dollar in February.

For example, Dogecoin is at risk of a small correction against the dollar in the coming days as it paints a possible rising wedge pattern.
Rising wedges are bearish reversal patterns, which show the price rising within two converging rising trendlines. They resolve after the price breaks below the lower trendline, and falls as much as the maximum height of the wedge.
Applying the scenario on doshcoin’s daily price chart takes its downside target to 0.085, 10% below current price levels.

However, Things are looking very bullish at the moment, because the Federal Reserve is raising interest rates by 25 basis points, this is bullish because it meets market expectations, yes, it is one of the lowest interest rate hikes there can be, that is bullish. The agency states several bullish factors in the sense that we could only see one, or potentially two more interest rate increases during the year.