As of now, eyes are on Shiba Inu's next support
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The profit-taking gained traction in today's session, with Shiba Inu slipping from $0.00001933 to reach lows of $0.000018 within a matter of hours.As of now, eyes are on Shiba Inu's next support to see if will hold, which would determine where the SHIB price trends next.Two potential scenarios are likely. If the aforementioned support range holds, SHIB could see a rebound, potentially extending its prior rally. In this scenario, Shiba Inu might attempt $0.00002 and even $0.000028.
Shibarium, the layer-2 blockchain within the Shiba Inu ecosystem, has witnessed an unexpected surge in daily transactions. The platform has now surpassed 419 million total transactions, marking a significant milestone in its development and adoption. According to Shibariumscan, Shibarium's total transactions currently stand at 419,111, 861.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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