Shiba Inu’s price surges by 8% as it continues its remarkable ascent. Meanwhile, Launchpad XYZ is also doing well. Investors and enthusiasts are curious about the factors contributing to Shiba Inu’s unstoppable rise. In light of both assets’ impressive gains, market watchers are eager to determine what’s driving them up.

In the past week, the price of Shiba Inu went up a lot, increasing by 19%, even though the market is a bit uncertain. Over the last month, Shiba Inu has grown by 12%.

Currently, Shiba Inu is being traded at $0.00001089, and it went up by over 8% with a 24-hour trading volume of around $606.100 million.

Shiba Inu Stats:

• Today’s Price – is $0.00001089
• Market cap – $6.420 Billion
• Circulating supply – 589.35T SHIB
• Total supply – 589.59T SHIB
• CoinMarketCap ranking – 11

Shiba Inu’s Chart Unveiled: Patterns and Potential

Look at the 4-hour chart for some key points. It might be challenging for the price to go beyond around $0.00001317 if it keeps rising. If investors who like Shiba Inu buy a lot, its price could go up.

Shiba Inu’s price might hit a critical level at $0.000009850; if it does, there could be a significant drop. But even if it doesn’t go below that level, there’s still a chance it might go up.

If the price falls below a specific range, we have strong points at $0.00001170 and $0.00001317, where it might face resistance, and support at $0.000009850 and $0.000008210, where it might get some help.

Over the next 30 days and 50 days, if the price continues to increase, it’s likely to go up more. It could even reach $0.000009240 or more. The RSI, which tells us how high the price is, is around 70. If the price stays strong and increases, the RSI might increase.

But remember, gains might go away quickly if the price falls below those average points and the RSI drops. To be safe and not lose too much money, it’s wise to use stop-loss orders.

Promising Shiba Inu (SHIB) Alternative

The Launchpad XYZ crypto project has become popular because the $LPX token presale went well. They collected over $1.262 million during the presale, and many people are excited about this new Web3 platform they’re making.

🎉 HUGE NEWS! We’ve just crossed the $1.2 million mark in our #Presale!

A heartfelt thank you to our incredible community. The journey has only begun 🚀

Join the $LPX presale today! ⤵️https://t.co/6qHqqRBG7F#LaunchpadXYZ #Crypto #Web3 #Trade #Alts pic.twitter.com/fZpXciMLVp

— Launchpad.xyz (@launchpadlpx) August 8, 2023

Launchpad XYZ: Your Web3 Hub with LPX Token Presale

Launchpad XYZ wants to be a central place for everything Web3, a fantastic new way of doing things online. They have different things you can use, like a place to get new crypto coins before they’re available to everyone, a fantastic virtual world hub, and a fast way to trade coins.

Inside Launchpad XYZ, they have something unique called the “Launchpad Quotient.” It’s like a unique way to rate how good the digital thing is to invest in. They look at lots of information, like over 400 things, to decide if it’s worth putting your money into.

Because Launchpad XYZ put all these cool things together in one place, lots of investors are getting interested. You can see this from how many people are joining the Launchpad XYZ Telegram channel and talking about it.

You can buy the LPX token before it hits the big exchanges if you want to; go to the Launchpad XYZ presale website and follow the simple instructions to get LPX. You can pay with ETH, BNB, USDT, or a bank card.

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• Source: https://insidebitcoins.com/news/shiba-inus-ascent-seems-unstoppable-as-shib-price-surges-8-while-launchpad-xyz-is-climbing-whats-the-secret