Will SHIB Surge To $0.0001?

The Shiba Inu price has successfully managed to breakout from the $0.000025, which served as a crucial resistance level. At the time of writing, the SHIB price was up by 1.39% to $0.00002562 on Wednesday. Meanwhile, the second-largest meme crypto boasted a market cap of $15.11 billion.

Moreover, the 24-hour trading volume for SHIB spiked 33.58% to $1.17 billion. As earlier reported by Coingape, the SHIB price is poised to surge to $0.00003 or even $0.00005 if it continues to trade above the critical resistance level mentioned. Furthermore, a rally to $0.0001 can be eyed in the long-term if the bullish momentum sustains.