Shiba Inu Price Prediction as DEXTools Adds Supports for ShibaSwap – Adoption on the Rise?
The Shiba Inu price has barely moved today, holding to $0.0000221 as the cryptocurrency market also remains where it was yesterday.
SHIB has also dropped by 15% in a week and by 20% in a fortnight, with the meme token also falling by 6% in the last 30 days.
Yet today sees the news that DEXTools has added support for ShibaSwap, with the data platform providing listings and metrics for the Shiba Inu-based decentralized exchange.
This underlines SHIB’s credentials as a meme token with real fundamentals, and highlights how the coin is ready to rise again soon.
DOGE may have struggled over the past week, but it has actually risen by nearly 1% in the past hour, raising hopes of an imminent comeback.
Its relative strength index (purple) had plunged to 20 late last night, yet it has since risen back above 50 and is on its way to 60, signalling new momentum.
At the same time, the 30-day moving average (orange) has begun rising again after falling to a bottom relative to the 200-day average (blue), a sign that it had reached the end of a down-cycle and is ready to rise again.
What’s also bullish is that the coin has been enjoying some big buys from whales in recent days.
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