In the bustling theater of the markets, Shiba Inu stirs from its stupor after a September that whisked away nearly 18% of investors’ gains, like a thief in a peasant’s cloak.
The meme coin now fumbles forward to rebuild its momentum amid a market that dares to be optimistic, as if the clouds parted for a penny with a smile. Selling pressure eases, new demand tiptoes in, and SHIB seems ready to reclaim the ground it misplaced, like a prodigal dog returning for supper. 🐶💹😂
Shiba Inu Investors: a People’s Jest
One of the most convincing portents of this revival is the influx of new addresses, those curious souls who, like new lodgers, knock on the door of the network. In the last days, the number of fresh addresses has surged to a height not seen in two and a half months, as if the city’s gates have suddenly opened for a parade of new clowns and capital alike.
This metric, a most unromantic thing, records first-time transactions to see if a project gains traction. SHIB’s spike hints at growing interest among both the folks on the street and the people in pinstripe suits. A flood of new wallets is the herald of fresh money and a swelling crowd of users.
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From the wide, smoky panorama of markets, the macro momentum of Shiba Inu stays as steady as a stubborn old clock. The venerable HODL Caves indicator whispers that selling will stay muted for a while longer. The median return for those blessed souls who have kept SHIB for a year sits at about 0.85x, a gentle nudge that profits remain somewhere beyond the kitchen door, not at hand yet.
Thus, these long- or mid-term keepers will likely continue to stand their ground rather than fling coins to the winds. The quieter selling hand steadies the market’s wobble, laying a firmer floor for a patient, gradual revival. 🐕📈
SHIB Price Continues To Push
As the hour hand crawls, SHIB trades at around $0.00001285, seeking to plant this level as solid support. It stands about 11% away from erasing September’s 18% losses. If this momentum holds, SHIB could reinforce its recovery scaffolding. 🔧🚀
To complete the fairy-tale recovery, SHIB must ascend to $0.00001428. The ascent demands breezing past the stubborn gates at $0.00001336 and $0.00001391, gates that have given it the slip before. Yet with fresh addresses at the door and selling as scarce as a crowd at a sermon, the climb seems within reach, dear reader, with a wink of hope.
If the mood of the market darkens, SHIB could stumble. A drop below support at about $0.00001209 might unleash further losses, possibly sending SHIB down to $0.00001161 and casting doubt on the hopeful forecast.
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2025-10-07 14:53