🚨 Will Shiba Inu and BONE go up when Shibarium officially launches? I’ll explain below! You can’t miss it!! 🔥
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👇 What are we going to talk about in today’s SHIBA video?
0:00 Introduction Shiba Inu.
1:26 Shannon Bray, North Carolina gubernatorial candidate and prominent tech entrepreneur, is bullish on Shiba Inu.
4:06 What did we learn from the launch of the Shibarium test network?
4:51 I think we could see a very similar situation, except it may be a more steady or smaller sell-off after the main Shibarium network.
5:24 This one may go away, as it is the hard part to determine and no one can predict the future, so we don’t know how high BONE may go up and whether Shiba Inu coin will go.
7:06 Conclusions Shiba Inu.
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Will Shiba inu and BONE go up when Shibarium officially launches?
The Shiba Inu coin and the cryptocurrency market in general have a pretty rough day today, and the Shiba Inu coin price tests those lows of around 800 points per coin again, now here is the question I have been seeing a lot lately on social media, will Shibarium make Shiba and BONE go up in price again, and if so, how high do you think they will go? How long will the rise last?
All of those things, we will discuss in this video, because yes, I think the excitement surrounding the platform will cause a pump for the price of the currency and BONE, but there is one situation that will be very similar to the action we saw when the beta was launched. The mainnet could cause a more sustained gain, but we need to talk about that, we need to learn from what we saw on the Shibarium test network. so, if that sounds like something you’re interested in, let’s get started.
Shannon Bray, North Carolina gubernatorial candidate and prominent tech entrepreneur, is bullish on Shiba Inu. The 50-year-old cybersecurity expert recently said that buying Shiba when it is below five zeros is an incredible buying decision.
After five months of holding above crucial support at 1000 points, since regaining it on Jan. 16, Shiba Inu was recently hit below the support point in the latest ongoing market-wide downturn. Shiba fell from 1000 points on May 1, and all efforts to rise and hold above the zone were met with opposition from bearish traders.
However, Bray believes the asset’s current position is an attractive buying opportunity. In his recent comments, Bray expressed confidence in the belief that Shiba Inu will once again rise, above the position as Ethereum begins a bull run. Notably, Ethereum has also been posting intermittent declines, since peaking at $2141 in mid-April. The asset has declined more than 9% in the past week.
To further emphasize, the confidence he has in Shiba Inu’s bullish outlook, Bray stated that chiba remains an attractive investment option, whether short or long term. He clarified that he was not paid to defend the asset, and that his comments are not a form of advertising.
However, these represent Bray’s thoughts, and should not serve as investment advice. At the time of publication, Shiba is currently trading at 875p, up 1.1% in the last 24 hours.
Guys, let’s take a look at the price action, some pretty significant lows and we’re going to talk about that in a second, we’ve been reviewing it a lot lately, so I don’t feel like we should focus on that, but with Bitcoin potentially falling through that 27,000 resistance level, it may be testing or it may bounce.