Exciting News for Shiba Inu: Could a Price Surge Be on the Horizon?

Shiba Inu (CRYPTO: SHIB) is experiencing significant developments that could pave the way for a potential price surge.

Crypto trader Javon Marks predicts that #ShibaInu will not only reach but surpass its all-time high of $0.000088598, marking a potential increase of over 282% from current levels. Marks believes that the coin is currently undergoing a "Decalogue" phase before continuing its upward trajectory.

The addition of Shiba Inu support for Polygon and the Binance Smart Chain by Lithuania-based CoinGate has also caught attention. According to reports, #SHIB can now be utilized for various purposes, including booking Airbnbs, purchasing games from platforms like Steam and ps5, and buying from brands like Nike and Zalando.

In terms of price action, SHIB has seen a 3.3% increase over the past 24 hours, currently trading at $0.00002328. Since June 2023, Shiba Inu has managed to shed one zero from its price.

The recent revelation of a whale depositing 100 billion SHIB worth $24 million on Coinbase has also stirred interest. This whale accumulated the tokens within a week, with an average entry price of $0.00002408.

Data from IntoTheBlock indicates a 4.7% increase in daily active addresses to 4,410, with 61% of SHIB owners currently profiting at current price levels.

Marks' analysis suggests that Shiba Inu's price may be on the brink of reaching unprecedented heights, potentially leading to a rapid and substantial increase in value. The presence of hidden bullish divergences further strengthens the notion of underlying strength in the uptrend.