Community Shiba Inu continues to expect the price to reach $0,001, and is trying to make efforts to bring this event closer. Among them are such SHIB supporters as Whales HQ and SHIB KNIGHT.
An unexpected boost came from data aggregator platform CoinGecko, which adjusted its SHIB total supply data downwards, for which they were thanked by active community members.
Additionally, user Lola asked other users with Etherscan accounts to request similar updates as suggested by SHIB from other data providers.
According to technical analysis, the current uptrend of SHIB should be considered unsustainable. The MACD indicator has entered bearish territory as the MACD line has dropped below the signal line, indicating potential for further decline.
Source: TradingView
In addition, the RSI is currently at 36,53, approaching oversold levels. If SHIB fails to hold the current support level, further declines are more than likely.
However, despite the price fluctuations, SHIB continues to show growth in the number of owners of the meme token. Etherscan data indicates that currently more than 1,42 million wallet addresses hold token , which represents an increase of 0,027%.
Etherscan data
