$SHIB 🚀🚀🚀🔥 Shiba Inu (SHIB) on verge of becoming profitable again🔥🔥🚀🚀🚀

Data provided by IntoTheBlock shows that 50% of Shiba Inu (SHIB) holders are currently profitable at a price of $0.00001718, suggesting a potential for profit growth if prices continue to rise. Also, 73% of SHIB's large holders are whales, which means that these market players could significantly influence price fluctuations via their buying and selling actions. The price movements of Shiba Inu are closely tied to the overall cryptocurrency market, especially Bitcoin, due to their strong correlation. Despite some conflicting signals about SHIB's prospects, there are signs of growing demand on trading platforms, highlighted by a substantial increase of 128.19% in bid-ask volume imbalance. Investors should keep an eye on the important price level of $0.00001700, as surpassing this threshold may trigger a more robust upward movement and enhance profitability for SHIB investors.

Data provided by IntoTheBlock shows that 50% of Shiba Inu (SHIB) holders are currently profitable at a price of $0.00001718, suggesting a potential for profit growth if prices continue to rise. Also, 73% of SHIB's large holders are whales, which means that these market players could significantly influence price fluctuations via their buying and selling actions. The price movements of Shiba Inu are closely tied to the overall cryptocurrency market, especially Bitcoin, due to their strong correlation. Despite some conflicting signals about SHIB's prospects, there are signs of growing demand on trading platforms, highlighted by a substantial increase of 128.19% in bid-ask volume imbalance. Investors should keep an eye on the important price level of $0.00001700, as surpassing this threshold may trigger a more robust upward movement and enhance profitability for SHIB investors.