Shiba Inu Price Rallies, But ZKP Early Buyers Rush to Lock in 100x Price Gap
The Shiba Inu coin price has seen a significant increase in value over the weekend, rising by nearly 39% to $0.00000583. However, this rally is already showing signs of cooling off, with the Relative Strength Index (RSI) flashing overbought at the top and negative funding rates in the derivatives market suggesting traders are expecting a pullback.
The Shiba Inu coin price was driven mostly by South Korean exchanges, where spot buyers pushed over $5 million in net inflows on Saturday alone. Active addresses also nearly doubled, jumping from around 1,630 on July 19 to over 3,150 by July 25.
While the Shiba Inu coin price is exciting, analysts are cautioning that chasing rallies that have already happened rarely delivers the biggest gains. For the best crypto to buy right now, it's better to look at early movers with a high potential for growth.
Zero Knowledge Proof (ZKP) is one such project, currently priced at just $0.0004 with a listing target of $0.04. It has already raised over $2.23 million and has a 100x price gap built directly into its roadmap. ZKP's presale runs through 25 fixed-price stages, with every stage costing more than the last.