A popular crypto lover expresses his enthusiasm to obtain the purchase of Shiba Inu (SCH) at a reduced price after the last slowdown in the market.
The wider market of cryptography has experienced one of its greatest slowdowns in recent times. Shiba Inu had its right share of the decline, its price crashed by 30.27% against an intra -day summit of 0.00001764 to a minimum of $ 0.0000,123.
While the last decrease has saddened many investors, others have seen this as an opportunity to develop their shib assets. The famous Crypto Thom Sieloff enthusiast was one of Shiba Inu investors who took advantage of the last drop to buy more shibs.
Sieloff went to X to disclose Its recent purchase, expressing the disbelief on how the price of SHIB crashed at $ 0,000011.
Expert ready to roll with Shiba Inu on the Moon
After his accumulation, Sieloff echoes that his “bags (are) wrapped and head for the moon”, indicating his upward perspective for Shiba Inu. The user attached a GIF to the post, showing an astronaut rising on a rocket on the moon, reflecting his preparation to climb with Shib to higher targets.
This implies that Sieloff expects the price of Shibs to increase considerably in the future. Meanwhile, Shib has rebounded above the bar of $ 0.000014. Coinmarketcap data show that Shib is negotiated at $ 0.00001407, down 20.19% in the last 24 hours and 42.05% in one month.
Investors remain optimistic about the February performances of Shib despite a recent decrease
In the middle of the recent slowdown, 835,440 blockchain addresses holding Shib, representing 58.08% of all chain addresses, are at a loss.
In addition, around 581,900 addresses (40.45%) are profitable, while the remaining 1.47% (21,080 addresses) are neither benefits nor losses but on the election scale.
Despite the recent decline, many hope that Shiba Inu ends the month of February in Green, as he has done in recent years. Cryptorank data show that Shiba Inu has historically experienced growth in February.
For example, in February 2022, Shiba Inu recorded a growth rate of 20.3%. Meanwhile, the price of shib enriched Only 1.59% in February 2023, but recorded an increase of 41.23% in February 2024.
Currently, SHIB is down 25%of one month up to date, which brings its average average growth rate from February to 9.56%, with a median of 10.9%.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.