Shiba Inu is one of the most revered and trusted cryptocurrency meme tokens in the space. SHIB has established its reputation as one of the most robust tokens to explore, with investors keenly awaiting a stellar price push that could help them explore new profitable horizons. SHIB is currently sitting at a price mark of $0.00001129, down 11% in the last 24 hours. While the token is presently sitting at a discounted price, several key analysts and experts have also preferred buying Shiba Inu tokens on a particular day of the week. This day has proven to offer extra assistance to SHIB holders, all while enabling them to buy the tokens at a discounted price, before selling them in the market at elevated prices. Here’s the best day to buy SHIB, and it’s sooner than you think.
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Best Day To Buy SHIB
As per GPT, late Sundays to early Monday mornings have been considered as the best time slot for purchasing Shiba Inu. The platform also shared a concise explanation for this, adding how the aforementioned time slot offers discounted pricing, making it easier for SHIB whales and investors to scoop Shiba Inu tokens at slightly discounted prices.
The platform further shared how weekends usually accompany low volume dips, making it lucrative for investors to explore SHIB.
“Low Weekend Volume = Dips. SHIB often sees low liquidity on weekends, leading to mini sell-offs by Sunday night. Smart Money Buys Before the Week Starts:Monday often begins with market optimism or announcements. Sunday evening dips are opportunities.”
Furthermore on on-chain data has also displayed how whales have been purchasing SHIB during late Sunday nights to early Monday mornings.
“Whale Accumulation Patterns. On-chain data shows SHIB whales tend to buy in quiet periods—especially during late Sunday or early Monday.”
In addition to this, the retail FOMO usually hits the market in the middle of the week, which again, makes late Sunday to early Monday a better time to explore SHIB.
“Retail FOMO Builds Midweek: Retail traders often jump in by Tuesday–Wednesday. Buying before that upswing can offer a better entry.”
Why Should You Purchase The Token?
There are significant reasons available when it comes to solving the perennial question of why one should purchase SHIB. For instance, Shiba Inu is currently working on launching SHI stablecoin, which could shake the stablecoin market by attracting a huge influx and volume. In addition to this, CoinCodex predicts SHIB possesses extreme potential to explore new price highs in the near future, marking it a “profitable coin” to explore in the long run.
Per CC, SHIB is eying $ 0.00004183 by the year 2040.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 266.13% and reach $ 0.00004183 by December 28, 2040. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 64 (Greed). Shiba Inu recorded 12/30 (40%) green days with 5.84% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a bad time to buy Shiba Inu.”
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