Shiba Inu's $0.000012 Support Test: Mutuum Finance's $0.06 Promise

Shiba Inu (SHIB) price at a critical juncture for a breakthrough as Mutuum Finance (MUTM) gears for a massive blowout

The price of Shiba Inu (SHIB) is at a crucial point, with analysts marking $0.000012 as its essential support threshold. A breakdown of this meme coin support level could push SHIB down to $0.0000094, negatively affecting the 58% loss-bearing holders. The value of SHIB has dropped by 10 percent this week, with prices plummeting over 30 percent in February.

Meanwhile, Mutuum Finance (MUTM) is transcending the bearish outlook in the crypto space, rapidly approaching its second presale stage, which shows signs of reaching a complete sell-out. MUTM is proving attractive to fleeing SHIB investors due to its structured tokenomics, which has raised $2 million and secured tokens for 3,800 investors at $0.015. This is expected to lead to a 300% price boost to $0.06 when the exchange listing occurs.

Shiba Inu's precarious position is exacerbated by a bearish crypto market and internal network conditions that create extra risk for its survival. Large-scale SHIB holders control more than 74% of the token's supply, making the price vulnerable to substantial price swings from massive sales of their holdings. Bitcoin shows little relationship with Shiba Inu movements, leading to independent price action and hampering probable industry recovery. The Relative Strength Index (RSI) stands at 45.68, suggesting market neutrality, but a bearish MACD crossover indicates more price downtrend. If $0.000012 fails to maintain its position, the next line of defense exists at $0.0000094, representing a 24% decrease from the current market value.

Mutuum Finance (MUTM) is attracting investors by using a presale format that increases demand at every successive phase. At the present $0.015 entry point, participants can expect instant value gain, as the following phase will boost the price to $0.02. The $0.06 final pricing point is the main driver, guaranteeing phase-two investors a