Shiba Inu (SHIB) Trading Volume Witness 600% Surge In 48 Hours
From August 4 to 6, while the crypto market remained bearish, Shiba Inu defied the trend. Its price surged by 24% in just 20 hours. The trading volume skyrocketed from 140 million to 980 million within 48 hours, marking an astonishing 600% increase, reaching the highest level since February 6, 2023.
Reasons for SHIB’s Breakthrough
A significant driving force behind this surge could be the upcoming Ethereum Toronto event, in which major announcements will be made related to its much-awaited Shibarium. Another reason for this seems to be related to Binance, who added SHIB as a collateral asset on its platform in the August 4 announcement, meaning that users can now use it to take loans.
Analyst Predict: This Spike Is Just a Blip
A closely followed analyst Cheds says that Shiba Inu’s latest rally could be a setup to trap those wanting to long this memecoin. He tells his 311,700 Twitter followers that Shiba Inu is currently witnessing a surge within a macro downtrend: “SHIB strong bounce in a strong downtrend. May be setting up for a short visit here soon.”
How Can Investors Secure Stable Profits Amidst Market Volatility?
In a dramatically fluctuating crypto market, making stable profits can be challenging. Many traders may miss out on market opportunities because they cannot quickly capture the market, or they may engage in emotional trading due to market fluctuations, resulting in losses. However, with the right strategies and tools, investors can avoid these conditions and mitigate risks. This is where ATPBot comes in, offering a range of advantages to help investors achieve stable profitability:
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3. Customizable High-Quality Strategies: Unlike other trading bot platforms that rely solely on pre-set parameters set by traders, with experienced strategy modeling teams, ATPBot works with AI to output professional-grade strategy templates and calculates a large number of parameters to screen out the best strategies, which traders can use directly and start profiting.
4. Comprehensive Backtesting Data: Many traditional trading bots have limited backtesting servers which can only handle a small amount of backtesting data. ATPBot’s high-performance professional-grade servers support massive amounts of backtesting data, capable of handling trillions of data points and selecting the best trading strategies from them, thereby increasing the opportunity for trading profitability.
5. Secure and Transparent Trading: Unlike traditional trading bots that often trade with all funds simultaneously, ATPBot separates funds from strategies to reduce risks. Investors can view and monitor every trading record of the strategy, ensuring transparency and visibility of trading activities. Additionally, ATPBot trades through APIs, eliminating the need to access investor funds.
About ATPBot
ATPBot is a platform dedicated to intelligent AI quantitative trading strategy development and services. It provides the premium asset management services which are professional, risk-controlled and profitable through AI automated trading strategies for clients who want to gain asset appreciation, making informed trading decisions for them in the ever-evolving financial markets. It also offers the following advantages:
High-Speed Response: ATPBot leverages real-time market data to swiftly capture trading signals and respond within milliseconds, empowering users to seize market opportunities promptly.
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Exclusive Strategies: ATPBot offers personalized and unique strategies to each user, avoiding being targeted by market depth and market makers to increase their potential for success.
Excellent Support: ATPBot’s dedicated customer service team will promptly resolve any inquiries that users may have, ensuring a smooth and seamless trading experience.
The crypto market is full of opportunities but also filled with challenges. ATPBot is dedicated to guiding traders on a stable and profitable path. Register with ATPBot today and enjoy an effortless and worry-free trading journey to profitability.
In addition, if you want to see more trading strategies or running results, you can join ATPBot’s discord community.
