🔥🔥🔥 Shiba Inu (SHIB) Bull Run Incoming? 2 Reasons Hinting at a Potential Rally: 🚀🚀🚀🚀👀👀🎉🎉🎉😱😱😱
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📢 Here’s why a SHIB bull run might be incoming:
Shiba Inu (SHIB) has increased by 14% in the past week, with bullish indicators suggesting the rally could continue.
However, signs like declining network growth and reduced whale activity indicate a possible correction ahead.
• The Positive Signs
Shiba Inu (SHIB) overcame the price collapse registered at the start of the month, seeing its valuation rise by 14% in the past week. Currently, it trades at around $0.000015 with a market capitalization of almost $9 million, making it the 16th biggest cryptocurrency.
According to IntoTheBlock, two elements hint that the rally might continue in the near future. One of those is the concentration metric, which shows the accumulation or reduction of large holders’ positions. It is up 0.15%, which is interpreted as a bullish sign.
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