๐ฅShiba Inu Price Prediction๐ฎ Can SHIB Reach $1?๐น
Shiba Inu (SHIB) has surged, becoming the best-performing meme coin with an 11% increase to $0.00001607 in the last 24 hours. This rally follows a dramatic 781% increase in SHIB's burn rate, reviving community optimism.
Investor sentiment, boosted by a broader market uptick, has also fueled SHIBโs recovery. Significant whale activity, with large transaction volumes up 21.54%, indicates strong market moves.
Despite these gains, SHIB faces critical resistance at $0.000017 and $0.00002. A break above these levels could signal further growth. Immediate support lies at $0.000014, acting as a buffer against pullbacks.
Recent warnings about potential security threats, such as the suspicious Telegram group "ShibaSweepers," urge investors to stay cautious and engage with trusted platforms.