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Shiba Inu (SHIB) Price Eyes Explosion Post Correction; $0.000080 in Sight? 🌋
Shiba Inu (SHIB) might soon rally, potentially hitting $0.000080 after retesting a low. Traders are eyeing other projects, with large SHIB amounts moved to exchanges for selling.
**Shibarium Updates**
Shibarium, Shiba Inu's layer two solution, has sped up BONE token bridging, enhancing efficiency. With a total value locked of $2.4 million, it's a key part of Shiba Inu's ecosystem growth.
**Market Dynamics**
Over 4 trillion SHIB were deposited on exchanges recently, indicating profit-taking. The price may retest $0.000018 before possibly rising to $0.000080.
**Consideration for Investors**
Shiba Inu remains popular with a market cap of $25 billion and a daily trading volume of $653 million. It faces resistance at $0.000029, but improvements in Shibarium might make it worth reconsidering for your portfolio.
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