🔴 $SHIB to Hit $0.0000386 🔴

Shiba Inu (SHIB) has gained attention as a major investor bought 2.7 trillion SHIB coins worth $48.34 million from Robinhood1. This large purchase has fueled optimism about SHIB’s future, reflecting strong confidence in the token. The wallet now holds $653.52 million worth of SHIB.

Shytoshi Kusama, Shiba Inu’s lead developer, highlighted the coin’s decentralized features, suggesting it could offer solutions to risks associated with centralized systems. This has added to the positive sentiment around SHIB.

Today, SHIB’s price increased by 1.87%, reaching $0.000017891. The weekly charts show a bullish pattern called a rounding bottom, suggesting SHIB might be finishing its downtrend and could reach $0.0000386 by the end of the month. The 14-day Relative Strength Index (RSI) is at 50, signaling a neutral state.

In summary, the whale’s purchase has boosted market optimism. With favorable technical indicators and strong support from key developers, SHIB appears set for a potential price surge. Investors are hopeful that SHIB will hit the projected target of $0.0000386.

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