The Shiba Inu (SHIB) cryptocurrency has seen a recent price surge, gaining 4% in the last 24 hours. This increase is attributed to positive sentiment in the crypto market and developments in the Shiba Inu ecosystem, particularly in its Layer-2 blockchain called Shibarium. Shibarium recently achieved a significant milestone of crossing 500 million transactions. The increased activity on the Shiba Inu network has attracted attention from retail investors. However, whale activity has decreased in recent days. The next target price for SHIB is $0.00003, which previously acted as resistance. Overcoming this level could lead to further gains, while failing to break through may result in a temporary pullback. The Shiba Inu token has significant support at $0.000022, and if the price falls below this level, it may range between $0.000030 and $0.000013.



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