Shiba Inu coin floated between $0.000021 and $0.000023 recently. Despite burning 44.6 billion SHIB, totaling $991K, the community believes more is needed to significantly cut supply. This burn occurred alongside a notable whale movement, as $4.63 million worth of SHIB was pulled from Binance, prompting speculative chatter about a potential price surge.
Price action sees SHIB consolidating, making resistance levels crucial. The possibility of breaking through these levels could position Shiba Inu toward the ambitious $0.000081 target. This bullish sentiment is fueled by the market's reaction to whale activities and strategic burns.
Source: www.thecoinrepublic.com ↗
