Recently, Shiba Inu (SHIB) has been experiencing some market volatility, with a mix of positive and negative outlooks in the short and long term. In the short term, SHIB price is experiencing downward pressure due to overall market weakness, including Bitcoin’s decline. Currently, SHIB is facing resistance around the $0.00001336 level, and it is expected to retest this level before making a new high. In the long term, there are some positive factors that could push the price higher, such as the launch of the “Shibarium” network, which aims to improve transaction efficiency and reduce costs. If this project succeeds and adoption increases, it could lead to new highs that could reach $0.0000195 by the end of 2024. However, as with all cryptocurrencies, speculation and volatility remain key factors, as community sentiment and trading volume greatly influence price action. $