LIVE**Shiba Inu (SHIB) Price Set for Surge Post-Correction; $0.000080 on the Horizon?** 🌋
Shiba Inu (SHIB) might soon rally, potentially hitting $0.000080 after a recent correction. Traders are closely watching, with significant SHIB amounts moved to exchanges for selling.
**Shibarium Updates**
- **Enhanced Efficiency:** Shibarium, Shiba Inu's layer two solution, has improved BONE token bridging, boosting efficiency.
- **Ecosystem Growth:** With $2.4 million in total value locked, Shibarium is a critical part of Shiba Inu's ecosystem.
**Market Dynamics**
- **Profit-Taking:** Over 4 trillion SHIB were recently deposited on exchanges, indicating profit-taking.
- **Price Movement:** The price might retest $0.000018 before potentially rising to $0.000080.
**Consideration for Investors**
- **Market Presence:** Shiba Inu remains popular with a $25 billion market cap and $653 million daily trading volume.
- **Resistance Levels:** Facing resistance at $0.000029, Shibarium improvements might make SHIB a worthwhile consideration for your portfolio.
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