Shiba Inu

Doge Killer

Bone ShibaSwap

<ul><li>SHIB rebounds 20.12%, closely tracking BTC&#39;s rise, despite a broader descending wedge pattern indicating bearish trends.</li><li>BONE surges 11.71%, surpassing its 50-day EMA, signaling a short-term bullish outlook with sustained buying interest.</li><li>LEASH jumps 19.26%, trading above its 50-day EMA, though RSI nearing overbought territory suggests a potential pullback</li></ul>Shiba Inu ecosystem tokens SHIB, BONE, and LEASH have seen notable price movements, capturing investor and analyst interest. In a recent X post, Shiba Inu marketer Lucie highlighted that these tokens showed significant gains in the past 24 hours. As per her post, SHIB has led the charge with 15.93% surge, while BONE and LEASH experienced significant hikes of 12.15% and 11.69%, respectively.Shiba Inu (SHIB) has shown a great come-back from several recent market losses and is ranked among the foremost tokens that benefited from the latest market upturn. SHIB&#39;s price directly correlates with its appreciation following the movement of Bitcoin.As of press time, SHIB is trading at <a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">$0.00001362</a>, showing an 11.44% increase in the past day. The analysis shows SHIB trades within a descending wedge pattern, indicating a broader downward trend. However, with the 50-day Exponential Moving Average (EMA) at $0.00000813 and the 200-day EMA at $0.00000967 above the current price, the bearish trend emerges.<a href="https://cryptotale.org/shiba-inu-tokens-soar-shib-bone-leash-lead-market-rally/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Shiba Inu Tokens Soar: SHIB, BONE, LEASH Lead Market Rally

CryptoTale

Other articles published on Aug 7, 2024

Grayscale Launches New Trust Products for Bittensor and Sui

TRON Sees 29% Increase in Daily Transactions in Q2 2024 – TRX Price to Explode?

Lack Of Confidence In National Currencies Affects De-Dollarization Move In Africa

Bitcoin Traders Concerned Over Lack of ‘Large Buy Walls’

BREAKING: Binance Labs Announces a New Project It Invested in

FU Capital Officially Opens Private Sale and Raises $1.12 Million

Join our free newsletter for daily crypto updates!