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Shiba Inu (SHIB), the second-largest meme coin, has been on a rollercoaster ride over the last three months, gaining over 100%. After hitting a local high on December 7, it faced a price drop but has started recovering again. SHIB is now trading at around $0.00002918

āÆļøAnalyst Predicts a Big Price Surgeā¤µļø

Crypto analyst JAVON MARKS believes SHIB is showing a bullish (positive) pattern that could lead to a massive price jump. He predicts SHIBā€™s value could rise by 180% to reach $0.000081, saying:

> ā€œWe could soon witness a 180% climb, and it may already be starting.ā€

āÆļøPositive Signals for SHIBā¤µļø

Several factors support the idea of SHIBā€™s price increasing:

Less Selling Pressure: Many SHIB tokens are moving from exchanges to private wallets, reducing the number available for immediate sale.

Shibarium Milestones: Shiba Inuā€™s layer-2 solution, Shibarium, is growing fast, with over two million wallet addresses and 600 million total transactions. This growth strengthens the ecosystem and increases SHIBā€™s potential use.

āÆļøRisks to Keep in Mindā¤µļø

There are also some warning signs:

Slower Network Growth: The number of new users joining the SHIB network has slightly decreased.

Fewer Large Transactions: Big transactions (over $100,000) have dropped recently.

Investor Profits Dropping: Fewer SHIB investors are currently making profits compared to before, though 69% are still in the green.

āÆļøWhatā€™s Next for SHIB?šŸ¤‘

Shiba Inu has a chance to make big gains if the bullish trends continue. However, the bearish (negative) signals mean investors should stay cautious. As SHIBā€™s ecosystem grows and market conditions change, its price will likely remain a hot topic in the crypto world.#BTC #Binance #ETH #SHIBA #BTC

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