Shiba Inu Price Prediction – Will SHIB Reach $1 in 2022?
Shiba Inu price prediction is slightly bearish as the meme coin has violated the symmetrical triangle pattern, and now it's trading at $0.00001106. Despite a 1.72 trillion SHIB withdrawal from Huobi exchange, SHIB fails to gain bullish momentum.
Shiba Eternity, Shiba Inu's first collectible card game, was just released on global mobile platforms for consumers to download and play.
Many people were wondering what impact the revelation would have on cryptocurrency sentiment. Shiba Inu hasn't reacted much to the news so far.
According to blockchain data, a "Shiba Inu whale" has just cashed out $1.72 trillion worth of SHIB from the Huobi cryptocurrency market, which may be good news for the price of SHIB.
The Shiba Inu withdrawal transaction was worth about $19.4 million but has now dropped to under $19.1 million. Such big transactions are typically the work of a single whale or a group of investors.
Whales typically make an exchange outflow transfer to their personal wallets. Such market buying pressure can have a favorable influence on the meme coin price.
The Shiba Eternity Twitter account recently updated its followers on the status of the competition it announced back in September. The goal was for people to make a 30-second-long trailer for the SHIB game.
All contest entries must feature gameplay footage of Shiba Eternity and must showcase gameplay elements such as attributes, disciplines, cards, and fights.
The winning trailer will receive 451,263,537 meme coins (the Shiba Inu equivalent of $5,000) at today's exchange rate. The Shiba Eternity staff has promised to contact winners directly using the messaging service Discord.
This contributes to Shiba Inu's bullish sentiment; however, the strong US dollar appears to
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