- Shiba Inu Announcement of improved liquidity pools on Shib.io, reducing the time required to add liquidity to the Shib (first ball) ecosystem (first ball)
- Same corners Dogecoin, Pepe and Bonk fight the claim after a week’s discount and the losses of dignite close.
- The price of SHIB is down 1.2% on Friday, 11% eyes to test resistance to $ 0.00001709.
Shiba Inu (Shib), the second largest coin In the cryptography ecosystem, made a key announcement on Friday. New and improved liquidity pools on Shib.io should improve the user experience and generate higher adoption among the merchants of the Shib Ecosystem.
DOGECOIN (DOGE), PEPE (PEPE) and BONK (BONK) continue to fight Friday after almost quasi-chiffon reductions in the last seven days. Coingecko data show that Doge, Pepe and Bonk have erased between 10% and 16% of their value in last week.
Announcement of Shiba Inu, what to expect
Shytoshi Kusama, principal ambassador of the play ecosystem even Shiba Inu, announced the launch of New Liquidity Pools on Shib.io. Kusama published on X concerning the improvements that users can expect and how development has contributed to rationalizing the user experience.
Optimizing the Backend of Shib.io ensures that faster transaction traders and smarter filtering depending on the total locked value (TVL), volume and trends. With new information in liquidity pools, traders should identify and earn rewards for the addition of liquidity, which could increase the volume of higher exchanges in the most efficient pools of Shib.io.
The team uses the term “quick to lightning” to describe liquidity pool transactions.
The announcement of Shiba Inu could act as a market mover for the tokenwhich has undergone almost 6% of losses in the last seven days.
Doge, Pepe and Bonk continue to fight and no sign of significant recovery is observed on Friday.
Technical analysis of Shiba Inu
Shiba Inu is in a downward trend of several months. The same token is negotiated at $ 0.00001527, when writing the editorial’s moment on Friday. The indicator of divergence of mobile average convergence (MacD) flashes green histogram bars above the neutral line, signaling an underlying positive momentum in the price of the session price.
The relative force index (RSI) reads 38 on the daily time.
SHIB could rally 20% to test the resistance to the upper limit of a difference of fair value (FVG) on the daily price table, at $ 0.00001848. If there is a correction in SHIB and the token will not join, it could sweep the liquidity to a support of $ 0.00001388. The level of support coincides with another FVG on the Shib / USDT daily price table.
Shib / usdt daily price board | Source: tradingView
Shiba Inu could revisit its lower February 3 of 0.00001160 $ in the event of a bitcoin Flash crash or a market -scale correction.