Shiba Inu's price is expected to rise due to the development of the burning program and the Shabirim network.
According to CryptoPotato, Shiba Inu analysts remain optimistic about the cryptocurrency's future, expecting new peaks from the asset burn program and developments in the Shiberium network. Shiba Inu's price rose nearly 9% this week after several weeks of trading on the downside. Several analysts predict major rallies in the near future.
Crypto investor and trader SHIB KNIGHT, analyzing Shiba Inu's weekly performance, said that the token has crossed a key resistance level. The analyst believes that people have been hoarding SHIB lately, and if they continue buying at the same pace, the prices could reach new highs.
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