With SHIA Soaring 21%, Is a New ATH on the Horizon?

Shiba Saga (SHIA) token is trending high on DEXTools’ Scorching Pairs Checklist with 21% features at this time. This new coin has garnered the eye of about 7.2K traders in solely 4 days of its launch. Hopes are excessive amongst traders for a sustained upward trajectory, probably reaching new all-time excessive ranges.

Introducing $SHIA: Pioneering a Free-to-Play Gaming Ecosystem

A brand new entrant, $SHIA, has surfaced within the cryptocurrency sphere. It introduces a particular meme coin idea aiming to reshape the gaming panorama by establishing a novel free-to-play ecosystem. Carlos Rodriguez is a key a part of this endeavor, acknowledged inside the esports area and previously related to G2esports as CEO.

Working underneath the banner of Shiba Saga, the SHIA initiative is centered on gaming. It rejuvenates well-known titles comparable to Subway Surfers, Temple Run, Pac-Man, Flappy Birds, Offended Birds, and Sweet Crush. The initiative goals to ascertain an accessible free-to-play framework.

Step up your gaming expertise with #ShibaSaga!

This assortment of rebranded classics, together with Sweet Crush, Fruit Ninja, Flappy Hen, Pac-Man and extra permits you to earn and spend $SHIA throughout all video games.

What’s your sport?🎮 pic.twitter.com/KYMOOCCzO9

— Shiba Saga (@Shibasagaio) July 5, 2023

It achieves this by connecting these video games by means of the $SHIA token, facilitating easy cross-game earnings and transactions. The core mechanics embody calculated $SHIA buyback and burning methods fueled by ad-generated income and in-app purchases.

Inside a mere two days of its launch, the SHIA token has already gained itemizing on the Poloniex Alternate. Notably, Poloniex is similar platform that helps the Ethereum PoW work alongside Tron’s Justin Solar.

Poloniex is the first alternate to checklist Shiba Saga (SHIA), token value keeep going up and attain one other ATH! 🚀@shibasagaio#SHIA provided play-to-earn pleasure & real-world rewards by means of the Shiba San universe 🎮

Commerce SHIA right here👇https://t.co/ktMCGbl9bt pic.twitter.com/s1zJZodKvA

— Poloniex Alternate (@Poloniex) August 25, 2023

Carlos’s Token Burning Fuels Exceptional SHIA Token Surge

The continuing surge within the SHIA token may be attributed to a current vital occasion – token burning by Carlos. In a strategic transfer, Carlos has burned roughly $5.6 billion value of SHIA tokens. The event has not gone unnoticed by traders. Token burning includes lowering the token provide, which frequently results in elevated shortage and demand for the remaining tokens.

MR. SHIA HIMSELF, @CarlosR (CEO), BURNED 5.6 BILLION DOLLARS WORTH OF $SHIA TOKENS 👀🔥🚀

🔗8 BILLION TOKENS BURNT: https://t.co/vUvxbeRYko#LetItBurn #ShiaBurn pic.twitter.com/JwK0h987Pl

— Shiba Saga (@Shibasagaio) August 25, 2023

This motion is perceived as a dedication to long-term worth and might counteract inflation issues. Consequently, such token burns have a tendency to draw a considerable variety of traders who view it as a optimistic signal for the token’s future development and potential.

SHIA Value Evaluation

The SHIA/USD H4 Chart reveals a constant upward trajectory since its inception simply 4 days in the past. Over this quick interval, the coin has surged by a powerful 700% in features. Its momentum is upheld by an ascending trendline, serving as an preliminary assist stage for the cryptocurrency. A breach and subsequent closure beneath this trendline may immediate a reversal in its trajectory. In such a state of affairs, the subsequent assist stage is anticipated at $0.4826, marking a decline of roughly 28% from the present value.

Conversely, the accessible outlook suggests a continuation of value development within the upcoming hours. This is able to probably result in a brand new all-time excessive (ATH). The Relative Power Index (RSI) indicator corroborates this notion. Its inclination to the upside and approaching the overbought zone bolsters the case for an uptrend. This hints on the presence of additional room for ascent.

On DEXTools, the nascent cryptocurrency has already amassed a complete market capitalization of roughly $1.37 billion, accompanied by $5.82 million in liquidity and a 24-hour buying and selling quantity of $16.42 million. Notably, the Reliability rating stands at a powerful 89/99, and the coin enjoys a excessive stage of neighborhood belief at 97.1% primarily based on 447 votes. These exceptional market statistics achieved inside simply 4 days underscore the numerous future potential of this coin.

Whereas SHIA has possibilities to succeed in a brand new all-time-high stage, SONIK is one other coin value contemplating.

Various to SHIA

Sonik Coin is a meme coin that has gained consideration inside the context of the meme coin pattern in September. It’s at the moment in its presale section, with a goal of roughly $2 million. The anticipation is for a swift sellout and subsequent entry into decentralized exchanges (DEXs) earlier than related presale initiatives.

The comparatively low preliminary market capitalization presents an funding alternative for these collaborating within the presale, permitting for potential returns. Drawing inspiration from the enduring character Sonic the Hedgehog, Sonik aligns with a theme that resonates. That is notably true in areas with energetic meme coin engagement, comparable to Asia.

Velocity of sunshine is 299,792,458,000 m/s. They are saying $SONIK can run that fast 💨

👉 https://t.co/s1fTdXDQCK pic.twitter.com/3MTg2ilomG

— SONIK COIN (@Sonikcoin) August 26, 2023

Moreover, Sonik introduces a stake-to-earn utility, which reinforces its attractiveness throughout the presale section. This utility helps handle early promoting pressures and fosters a notion of long-term sustainability.

The SONIK challenge has raised over $570,902 out of the set goal of $2M. The presale value is at the moment $0.000014, with 9 days left for the presale to finish.

In the meantime, traders have the choice to stake Sonik Cash in a wise contract to earn rewards over 4 years. This could positively influence token worth and supply passive revenue. Sonik’s aspiration to attain a fast $100 million market capitalization is underscored by its stake-to-earn mechanism, aimed toward lowering early-stage promoting and circulating provide.

Sonik – New Stake-to-Earn Coin Meme Targets Quickest $100 Million Market Cap#sonik pic.twitter.com/2SY7YeleCh

— NewsCoinX (@NewsCoinX) August 16, 2023

Sonik emphasizes a well-structured method when it comes to differentiation from fleeting meme coin tendencies. The web site, whitepaper, and roadmap replicate an orientation towards long-term sustainability, probably resulting in a notable market capitalization of round $500 million within the upcoming 12 months.

Right here is how one can purchase SONIK, and right here is the place you should purchase SONIK

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