Shiba Inu slips 1.362% despite bullish charts as new altcoin shows early SHIB traits
Main Idea
Shiba Inu (SHIB) experiences a slight decline despite bullish technical indicators, while Mutuum Finance (MUTM) gains attention with a successful presale and strong investor interest.
Key Points
1. Shiba Inu (SHIB) dropped 1.362% in 24 hours, trading at $0.00001353, despite bullish chart patterns and a confirmed MACD divergence suggesting potential upside.
2. Mutuum Finance (MUTM) is in Phase 6 of its presale, priced at $0.035, with plans to launch at $0.06, offering over 300% gains for early investors.
3. The MUTM presale has raised $14.3M, sold over 675M tokens, and attracted 15,150+ holders, indicating strong demand.
4. Mutuum Finance completed a CertiK audit with a 95.00 score and launched a $50,000 USDT Bug Bounty Program to enhance security.
5. Analysts are optimistic about MUTM's post-launch potential, with some predicting it could reach $1 based on its Layer-2 network utility and stability.
Description
Shiba Inu (SHIB) has dropped 1.362% within 24 hours, trading at $0.00001353. This decline occurs as SHIB tests resistance at its 200-day Simple Moving Average. Furthermore, key chart patterns suggest substantial upside potential. Confirmed MACD divergence and a recent breakout from a falling wedge pattern signal possible price gains exceeding 150%. Meanwhile, another altcoin, Mutuum Finance (MUTM) , is mirroring early SHIB enthusiasm during its surging presale. Shiba Inu navigates crucial resist...
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