From a fundamental standpoint, we have a similar situation than that of doge. That being total supply is rather massive, however, SHIB holds the same utility and actually has a more feasible path to scale to $1 given its total supply sitting at 1,000,000,000,000,000.
One thing is for certain, the momentum is present. Kucoin and Binance (innovation zone) listings, tweets by the Wolf himself... you name it. even if SHIB captures a very small fraction of the DOGE following its off to 50 cents in no time.
This time period is called price discovery, no TA or fundamental analysis is accurate in such scenario's. SHIB was gifted the title "DogeKiller" for a reason. In time, this will replace DOGE movement as more and more discovery its virtually impossible for it to go over $1.
For those looking to buy via wallet plugin and defi platforms like uniswap, the contract address needed is 0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce. etherscan.io/token/0...f64e1e6cc01f0b64c4ce
As always, DYOR, though in my opinion.. its only a matter of time before this token takes over DOGE completely. No ETA, but as you see from the fibs there is still PLENTY of near term action
One thing is for certain, the momentum is present. Kucoin and Binance (innovation zone) listings, tweets by the Wolf himself... you name it. even if SHIB captures a very small fraction of the DOGE following its off to 50 cents in no time.
This time period is called price discovery, no TA or fundamental analysis is accurate in such scenario's. SHIB was gifted the title "DogeKiller" for a reason. In time, this will replace DOGE movement as more and more discovery its virtually impossible for it to go over $1.
For those looking to buy via wallet plugin and defi platforms like uniswap, the contract address needed is 0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce. etherscan.io/token/0...f64e1e6cc01f0b64c4ce
As always, DYOR, though in my opinion.. its only a matter of time before this token takes over DOGE completely. No ETA, but as you see from the fibs there is still PLENTY of near term action