Shiba

Shiba Inu

Rise

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/shiba-inu-price-at-a-pivotal-point-for-potential-upsurge/" data-wpel-link="internal">Shiba Inu Price at a Pivotal Point for Potential Upsurge</a> 
<a href="https://en.coin-turk.com/shiba-inus-burn-rate-increases-by-7-6-million-in-24-hours/" data-wpel-link="internal">Shiba</a> Inu (SHIB) price is at a critical juncture that could trigger the start of an upward trend. With the current outlook, Shiba Inu’s price may be poised for significant movements. 
<h2 id="shib-price-analysis">SHIB Price Analysis</h2> 
Shiba Inu recorded a swift rise in price movement last month, climbing from a low of $0.00000846 to $0.00001049. Since reaching this high on January 11, the token has entered a decline towards its current level today. 
With a steady wave of selling in the popular altcoin SHIB, the price is likely nearing its base level, and a short-term recovery from this point could be expected. Shiba Inu’s rebound predictions may first retest the $0.00001 price level and from there, could trend upwards towards the previous all-time high (ATH). A 24-hour increase of 15% in trading volume, rising to $71,102,901, may already be signaling this potential upswing. The Shibarium catalyst, Shiba Inu’s Ethereum-based Layer-2 scaling solution Shibarium’s release, could be closely linked to Shiba Inu’s performance trends within this protocol. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-311289 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/shib.jpg" alt="" width="1335" height="573"> 
<h2 id="is-a-rise-in-shib-s-future">Is a Rise in SHIB’s Future?</h2> 
Additionally, Shiba Inu experienced a rapid increase in price movement last month, rising from $0.00000846 to $0.00001049. Since reaching this high on January 11, the token has begun a decline towards its current level today. Along with the steady selling wave in SHIB, the price is likely approaching its base level, and a rebound from this level could be expected in the short term. 
The meme token’s striking return predictions may first retest the $0.00001 price level and then draw an upward trend towards the previous ATH. A 24-hour increase of 15% in trading volume, rising to $71,102,901, may already be signaling this upswing. Moreover, the Shibarium catalyst has been closely linked to Shiba Inu’s performance since the launch of its Ethereum-based Layer-2 scaling solution Shibarium. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/shiba-inu-price-at-a-pivotal-point-for-potential-upsurge/" data-wpel-link="internal">Shiba Inu Price at a Pivotal Point for Potential Upsurge</a></h5>

Shiba Inu Price at a Pivotal Point for Potential Upsurge

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