đ¨$SHIB WAY TO 1$ IS STILL POSSIBLE đ¨Shiba Inu (SHIB) has indeed been performing well, with a significant 781% increase in its burn rate and an 11% gain in price to $0.00001607. The overall market recovery, particularly Bitcoinâs performance, has positively influenced SHIBâs price.
The increased burn rate and heightened whale activity, with a 21.54% rise in large transaction volume, suggest strong investor confidence and potential for further growth. Technical analysis shows SHIB approaching a critical price level, with a possibility of reaching $0.00002 if it breaks through the resistance.
However, the idea of SHIB reaching $1 is highly unlikely due to its massive circulating supply. To achieve such a price point, SHIB would need to attain a market cap far exceeding current global wealth1, which is not feasible. Short-term resistance levels to watch are between $0.000017 and $0.00002.
$DOGE $WIF #shiba⥠#BinanceTurns7 #Ton_Coin_Surge #BTC_Bounce_Back_to_57k