Shiba Inu Token Price Soars After Intriguing Shiba Inu Teaser Released
In a surprising turn of events, the price of the Shiba Inu token has flip-flopped, showing a remarkable rebound after experiencing a substantial decline of nearly 5% just yesterday. Today, the value of the token has already shown a modest, but remarkable, growth of 1.5%. This unexpected change can be attributed to the highly anticipated teaser released by the enigmatic Shiba Inu spokesperson, Shytoshi Kusama.
#magnifying glass is so last year. The real question is… #OR? #SHIBARMY #SHIBARIUM #SHIBOSHIS #SHIBAETERNITY #MVSHIB #SHIBACALS #WELLY #UNIFICATION #BADIDEAI #WE’LL SEE EACH OTHER THERE pic.twitter.com/vLDAXVwWGn
—Shytoshi Kusama™ (@ShytoshiKusama) June 29, 2023
Known for leaving more questions than answers with each of his posts, Kusama has managed to capture the attention of the crypto community once again. This time, however, the Shiba Inu team themselves took the initiative to lead the discussion, marking the release of a new video with an empowering statement: “Wen is so last year. The real question is. .. Or ?”
Despite the anticipation surrounding Kusama’s teaser, attention quickly shifted to the price of the SHIB token. Following the release and the overall temporary respite in the crypto market, the Shiba Inu token exhibited some intriguing price action.
Shiba Inu (SHIB) Price Outlook
Initially plummeting to $0.000007 per SHIB, the token’s value saw positive aftershocks from the release of the teaser. The price then saw a significant increase, reaching $0.000073.
Analyzing the SHIB price chart, two possible scenarios emerge. The first scenario suggests that if the Shiba Inu token maintains its current level and the daily candle closes here, this would indicate strength and the presence of interested buyers.
On the other hand, the second scenario envisions the price to retrace or even drop below $0.000007 after this bounce, implying that the recent surge was just a correction and could potentially send the token into its “last trip.