The price of the Shiba Inu enters the buy zone! Discover here the input and output levels

Today the price of Dogecoin killer shiba inus fell more than 14% in only 24 hours during the general market crash cryptocurrencies.

This year 2022, even the yields of SHIB have been from 50% less than zero, marking one of the worst performances.

At the time of writing, Shiba Inu is changing hands at $0.00001524 with an 18% drop in the last 24 hours.

SHIB Holders Rise!

As SHIB faces a decline, SHIB holders are moving north, according to data from WhaleStats. Data reveals that at present, the total number of SHIB holders stands at 1,146,486 while in April the number was 1,139,916, and this increased interest from holders is definitely a positive sign. .

As the Shiba Inu has shrunk more than 15%, the SHIB fell to the lowest levels so far in 2022.

The chart above shows that the price of shiba inus is struggling at the support level of $0.000017, the range from which the price saw a 100% surge at the end of January.

Earlier in January, Shiba Inu had dropped to $0.000017 due to a market meltdown and this continued for a few days before the price began its bullish rally course in February. In February, the price experienced a 100% jump reaching $0.0000354 February 7.

The whale accumulates 56 billion tokens

Whales typically take advantage of market lows to hoard their favorite digital currencies at discounted prices. Bombur, one of the whales ETH, recently purchased 56,946,679,217 SHIB or $1,070,028.

Recently, a report said that Shytoshi Kusama, a Shiba Inu developer, made an announcement regarding many exciting developments for the Shiba Inu space in the coming weeks and months.

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