Shiba Inu ($SHIB ) Price Could Go Parabolic & Double After This Breakout - CoinGape Analytics
đ Shiba Inu (SHIB) Price Surge
SHIB is showing strong upward momentum, with recent gains fueling optimism. The meme cryptocurrency is trading within a bullish trend, signaling potential for further growth.
đ Breakout Potential
After a recent breakout, SHIB could double its value if trends continue. With market conditions favoring a rally, SHIB is attracting more investor interest.
đ On-Chain Data Insights
Data shows SHIB being moved off exchanges into private wallets, indicating growing confidence among large holders. Reduced supply on exchanges aligns with SHIBâs recent price surge.
đ° Can SHIB Hit $0.00003?
SHIB has surged 40% in the last month, with todayâs price at $0.00001847. If the bullish momentum continues, SHIB could reach $0.00003 by monthâs end, a potential 100% increase.
