
Consolidation between $0.0000102 and $0.000012 suggests accumulation before a possible push toward the $0.00001567 and $0.00001893 resistance levels.
In a recent development, Shiba Inu revealed Karma, an innovation that might soon launch. According to Shiba Inu developer Kaal Dhairya, “Karma works like an XP system—just like in gaming. As mentioned in the podcast, it’ll be used across our ecosystem and, combined with Reputation and Aura, will help foster trust. Keep in mind, though, that Karma scores and levels are in BETA and may still change.”
But what’s behind the astonishing $224 billion SHIB influx? The answer lies not in the launch of Karma, but rather in a significant surge in price, which has led to an influx of new investors entering the market. This sudden increase in demand has driven up the asset’s value, and subsequently, attracted even more buyers.
As the cryptocurrency continues to consolidate, it is essential for traders to keep a close eye on the charts as this could be a sign of institutional or whale investments. With Karma on the horizon, it is no surprise that SHIB is experiencing such growth.
This influx of $224 billion in just one day highlights the immense potential of Shiba Inu and its innovative developments. As investors and traders alike continue to follow the project’s progress, there is no denying the enormous impact Karma could have on the market.
Source: https://u.today/224-billion-shib-in-day-whats-behind-it