K9 Finance Finally Addresses the Shiba Inu Shibarium Controversy
K9 Finance DAO Addresses Badge Confusion: K9 Finance clarified that the removal of affiliate verification badges from Shiba Inu-related accounts on X was due to the discontinuation of the Shibtoken Business Subscription, not a sign of internal conflict or partnership issues.
Impact on the Shiba Inu Ecosystem: The badge removal affected multiple significant accounts within the Shiba Inu community, including Shibarium and the lead developer, Kaal Dhairya, but K9 Finance emphasized that the change was operational and financial in nature.
Concerns Over Shibarium Bridge Hack: The timing of the badge removal raised questions, especially as K9 Finance had recently expressed concerns about unresolved losses from the Shibarium Bridge hack, which affected some KNINE token holders.
Future Actions and Community Involvement: K9 Finance has secured its own verification badge and may hold a community vote on whether to continue working with Shibarium if affected users are not compensated by January 6, 2026, indicating ongoing engagement with the community amidst the changes.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X) As of , X Empire (X) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for X stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, X is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0000059 | 0.00000889 | 0.0000115 | 0.0000144 | 0.000017 | 0.00002 | 0.0000226 |
| Fibonacci | 0.00000889 | 0.000011 | 0.0000123 | 0.0000144 | 0.0000166 | 0.0000179 | 0.00002 |
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