Market analyst Jake Wujassy indicates potential break out for Shiba Inu coin (Shib). Wujastyk comments on some of the latest price movements and says that these suggest that shib might be going into a bull phase as it has broken away from years of southward movement. While optimists see positive future prospects in this breakout, market watchers are still cautious. This has led to a rise in the SHIB’s price by 3.5% thus making its current market capitalization $5.5 billion. Also, its layer 2 solution known as Shibarium, has been doing well with many transactions recorded. Nevertheless, the immediate price effect of Shibarium impacts the general hype around Shiba Inu’s market prospect. Currently, SHIB is sold at $0.000009698, and its fate depends on the continuation of business progress and current market events.