Crypto investors and degens anticipated the new month with hopes that it would kick off a bullish final quarter for the market. However, recent geopolitical tensions have doused this optimism. Iran’s recent missile attack on Israel has caused panic and massive sell-offs across the entire crypto market. Consequently, the market recorded liquidations exceeding $500 million in the last 24 hours, causing sharp declines in the price of major cryptos like Shiba Inu (SHIB), Bitcoin (BTC), and Ethereum (ETH).
Despite the effect of these tensions on several meme coins, Moodeng ETH has emerged as solace for several investors, including Shiba Inu holders. Here’s why?
Shiba Inu’s Price Suffers 7% Setback
Shiba Inu recently recorded a 7% setback in the wake of the Israel-Iran clash, which took a more drastic turn days ago. This happened after Iran launched over 100 missiles against Israel to avenge the killing of Iranian-backed militia Hezbollah leader Hassan Nasrallah. Due to this growing conflict in the Middle East, the crypto market has been engulfed by widespread fear and uncertainty. This FUD caused massive selling pressure for Shiba Inu’s SHIB, resulting in a 7% price decline.
However, Shiba Inu market observers believe this might not be all. They predict that the price of Shiba Inu might suffer further declines following Israel Prime Minister Benjamin Netanyahu’s response to the attack. The Prime Minister’s response indicated Israel’s plan to respond with a retaliatory attack against Iran.
Should this happen, we could see Shiba Inu losing all the profits that made Shiba Inu one of September’s top gainers. Additionally, this Middle Eastern conflict has hindered Shiba Inu’s predicted price growth for October. Shiba Inu was set to hit a historic price rally this October, considering Shiba Inu’s constant record of positive monthly returns. As it stands, Shiba Inu might not experience this run should the growing tensions in the Middle East continue. Most Shiba Inu price holders believe this is where Moodeng ETH becomes an option!
Moodeng ETH’s Early Investors Set for 10x Gains
Moodeng ETH has survived the impacts of the recent conflicts in the Middle East with a 10x growth promise of its own. Moodeng ETH analysts believe this predicted growth is only for those who invest early in Moodeng ETH’s presale.
Positioned as the ultimate meme coin that leverages the crypto market’s volatility, Moodeng ETH personifies the nature of market mood swings. The Moodeng ETH crypto project offers a blend of humor and excitement with the highs and lows of the market. Amidst all these, Moodeng ETH shows strength and promise thanks to the vibrancy of the Moodeng ETH community.
With its current presale price at $0.000001, Moodeng ETH is expected to deliver 10x in profits for only early Moodeng ETH investors before the Moodeng ETH presale ends.
The Moodeng ETH presale closes on 15th October 2024. With almost two weeks to go, Moodeng ETH has its sights set on an achievable $1,000,000 target and has raised $88,508 already.
Know more about Moondeng at https://moodengeth.meme and invest early!
