Is SHIB Poised for a Rise? 🚀

- Despite the decline in early October, SHIB is up 4%. Analysts are predicting a 130% rally if certain patterns are confirmed.

- Shibarium has passed 7 million transaction blocks, but its progress has slowed.

- SHIB experienced a price boom in late September, with its market cap exceeding $12.5 billion.

- There has been a 4% recovery in the meme coin world in the last 24 hours.

- Popular analyst Yoddha thinks that SHIB’s price is forming a triangle formation, and if this formation breaks upwards, there could be a 130% increase.

- SHIB burn rate increased by 550%, with 5.1 million tokens burned.

- Large transactions increased by 8%, indicating increased whale activity.

Do you think SHIB will really take off? Let’s meet in the comments! 💬