🚀 **Shiba Inu: Ready to Soar or Freefall?**
- Shiba Inu (SHIB) is on the rise, bro! In the past week, its price has increased by around 9%. However, in the past few days, it has been in the red again. Now, SHIB is trading around $0.00001441 (data from CoinGecko).
- There are two bullish signals that make us optimistic. First, large SHIB transactions (over $100,000) have jumped 170% in the past 24 hours, reaching $20 million. Second, 48% of SHIB investors are now in profit, up 4.3%.
- However, there are also two bearish signals. SHIB network growth has dropped by 0.17% and the token burn rate has dropped by 50% in the past 24 hours. Less than 8 million tokens have been burned.
- Some analysts are optimistic that SHIB could go crazy. JAVON MARKS says SHIB could reach $0.000081. Some also say that SHIB can remove two zeros from its price!
What do you think? Let's discuss in the comments column! 😄