Shiba Inu Price Forecast for 2025: SHIB Encounters Turmoil as DeepSnitch AI Surpasses $800K
Do Kwon Sentenced: Do Kwon, founder of Terraform Labs, received a 15-year prison sentence for his role in the Terra-Luna collapse, which resulted in a loss of $40 billion and affected numerous retail investors. This sentencing marks a significant step in the enforcement of regulations against crypto fraud.
Shiba Inu Price Dynamics: The Shiba Inu (SHIB) token is currently testing key support levels while facing uncertainty due to K9 Finance's ultimatum regarding compensation for exploit victims. The price prediction for SHIB remains cautious as it consolidates within a descending channel.
Bonk's Market Correction: The meme coin Bonk is experiencing a correction after recent gains, with predictions for its long-term value remaining mixed. Despite some utility projects, Bonk's volatility poses risks for investors looking for stable appreciation.
DeepSnitch AI Launch: DeepSnitch AI is set to launch soon, offering tools for scam protection in the crypto space. With a presale surpassing $800K and bonus codes available, it aims to provide traders with resources to avoid potential frauds like the Terra-Luna collapse.
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