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SHIB will be used more in the UAE, and the ancient BTC whales are waking up

author:Pepe said coins

Thanks to this partnership, Shiba Inu (SHIB) can be used more in the UAE

Ancient Bitcoin whales are awakening, what happened?

Shiba Inu (SHIB) successfully bounced off the support level, which is the next step

Kiyosaki, author of "Rich Dad, Poor Dad," said the market crash he predicted in 2013 had arrived and it was time to get richer U.Today introducing new stories that ranked in the top four of the past day.

SHIB will be used more in the UAE, and the ancient BTC whales are waking up

Thanks to this partnership, Shiba Inu (SHIB) can be used more in the UAE

VIRTUZONE, a provider of commercial services in the UAE, announced that it has signed a cooperation agreement with Binance, one of the world's largest cryptocurrency exchanges, to use Binance Pay technology. Through Binance Pay, Virtuzone sought help driving the use of cryptocurrencies and blockchain technology in the country. The partnership benefits not only the exchange itself, but also all cryptocurrencies participating in the Binance Pay program, including SHIB, XRP, and AVAX. From now on, companies using Binance services in the UAE will be able to use these cryptocurrencies as a payment method. In addition to Virtuzone, several hotels and retail chains in the UAE are already using Binance Pay.

SHIB will be used more in the UAE, and the ancient BTC whales are waking up

About Shiba Inu's BONE is now available on this cryptocurrency exchange: Details Ancient Bitcoin whales are awakening, what happened?

As the crypto market switches to panic mode after the recent crash, ancient Bitcoin whales that were active 7-10 years ago are entering the market. Historically, the king of cryptocurrencies, Bitcoin, could see a surge in activity in ancient wallets when it made an unprotected move or reached a long-awaited goal or level of support. In the current situation, the first scenario has already occurred, as BTC has fallen below the $20,000 level. Long-term holders may also join the seller and start reducing their holdings to avoid further losses. Often, this trend is one of the first signs of investor capitulation. If history is destined to repeat itself, we will see a reversal in the cryptocurrency market for the foreseeable future.

SHIB will be used more in the UAE, and the ancient BTC whales are waking up

Shiba Inu (SHIB) successfully bounced off the support level, which is the next step

Yesterday, the Shiba Inu daily chart showed a successful rebound from local support; However, the lack of motivation has made growth negligible. Since the end of June, THE SHIB has been in an upward range and has continued to fluctuate within the range. If the range maintains the existing selling pressure, the token will maintain its current earnings and rise further. Based on the volume profile, one of the main reasons for the token's poor performance is the lack of support from major retail or institutional investors. Right now, SHIB is in great need of some buying support from investors. As we've seen from the recent 40% price spike, even the slightest purchase from whales can lead to strong growth.

Kiyosaki, author of "Rich Dad, Poor Dad," said the market crash he predicted in 2013 had arrived and it was time to get richer

According to a recent tweet by Robert Kiyosaki, author of "Rich Dad, Poor Dad," his prediction for 2013 (which should be bigger than 2008) is already here. He went on to say that investors may find themselves in a situation where millions of people will be wiped out. Kiyosaki advises not to be one of them, but to use this time to become richer. It's hard to disagree with Kiyosaki, and at the same time reminds Warren Buffett of saying that when the market is full of "blood", the best time to buy. Based on market conditions on Monday, the S&P 500 continued to fall and rebounded from the support of $4,000-3,950, with Bitcoin falling to the $19,500-19,000 area and gaining a buyer reaction.

In the crypto industry, if you want to seize the next wave of bull market opportunities, you have to have a quality circle, and everyone can warm up and stay insightful. If you are alone, look around dazed, and find that there is no one, it is actually difficult to stick to it in this industry.

If you want to warm up in a group, or have doubts, welcome to join us.

Thanks for reading, we'll see you next time!

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