Shiba Inu price prediction surges 6% amid whale token dump concerns.

Shiba Inu (SHIB) surged 6.5% on Thursday, retaking the $0.000008 level and hitting fresh highs for the month. The meme coin broke to the north of a downtrend and its 21 and 50-Day Moving Averages, despite concerns about a wallet owner's potential dump of tokens.