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Key Shiba Inu investor holding $30M SHIB makes a huge investment in this crypto priced at $0.11 In the quick-paced world of cryptocurrency investing, well-timed actions by powerful investors can frequently indicate important changes in the mood of the market and influence the value of specific coins. Lately, a prominent investor who is well-known for owning Shiba Inu (SHIB) tokens valued at over $30 million took a risk by aggressively investing in Retik Finance. This rapidly-growing cryptocurrency is currently only worth $0.11. The crypto community has taken notice of this calculated investment and it has sparked concerns about Retik Finance’s ability to become a dominant force in the decentralised finance market. Retik Finance’s goal of empowering people all around the world and its unique approach to decentralised finance have been driving the company’s steady ascent in the cryptocurrency market. .

Shiba Inu On Cusp Of Lunar Launch As 1.3 Trillion SHIB Barrier On Crosshair Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is wagging its tail with anticipation as it approaches a critical juncture. The meme coin, known for its massive community and playful branding, is on the cusp of breaking through a key resistance level, potentially unleashing a new wave of bullish momentum. Related Reading: BONK Stays Alive In Top 100 List With 25% Single-Day Rally – Details Shiba Inu Hovering Around Profitability Cluster Currently, SHIB is hovering around the $0.00001 mark, a price point that represents more than just a number. It serves as a crucial “profitability cluster,” where a staggering 1.3 trillion SHIB tokens reside – tokens bought by early investors. This cluster has long been a battleground, with sellers looking to cash out and buyers aiming to push the price .

The cryptocurrency market has shown signs of recovery following a sharp downturn that saw Bitcoin lose over 10% of its value, dropping to approximately $93,000. The decline triggered selling pressure across altcoins, including Shiba Inu (SHIB), which revisited its major support level near $0.0000185. Despite the market-wide losses, Shiba Inu demonstrated resilience, rebounding 28% from its recent low to trade above $0.0000238. This recovery has sparked optimism among analysts and traders, many of whom predict a substantial rally for the token in the coming weeks. Analysts Predict Shiba Inu Price Could Surge to $0.00005816 According to a recent market analysis, Shiba Inu price could experience a sharp rise following its strong rebound. The analyst “Dollars Maker” shared insights into a potential 235% surge, projecting SHIB to hit $0.00005816, a level that would surpass its March 2024 peak of $0.00004566. The analyst outlined a step-by-step target path for the token. Initially, Shiba Inu could achieve a 92% increase to $0.00003339. The next milestone involves a 163% rise to $0.00004566 before ultimately reaching $0.00005816. This bullish outlook reflects the token’s ability to recover quickly from significant price dips, supported by strong trading momentum. These SHIB price predictions support recent analysis indicating a potential rally to $0.00009 in 2025, driven by major developments and bullish sentiment. Despite the recent whale selloff and a 22% weekly decline, analysts remain optimistic about SHIB recovery from its current inflection point. The community’s confidence in upcoming SHIFU and TREAT tokens, coupled with strong technical and on-chain data, underscores the potential for a price surge Prolonged Accumulation Near Support Signals Meme Coin Rally Another critical factor boosting optimism is the prolonged accumulation observed near the $0.00002424 support level. Market analysts believe this consolidation phase provides the momentum necessary for Shiba Inu price to break through key resistance points. More so, analyst Klejdi Cuni has identified a bullish pattern forming on Shiba Inu (SHIB) daily chart, signaling significant price growth. Despite recent underperformance compared to other top meme coins, SHIB has shown an upward trajectory since September’s trend reversal, marked by consistent higher highs. Cuni emphasized that the strong support at $0.00002424, maintained for over a month, indicates substantial accumulation. This sets the stage for a potential breakout in the coming months. Cuni’s analysis outlines key price targets if SHIB breaks out. The first milestone is $0.00003232, reflecting a 25.6% surge from current levels. He also highlighted the $0.00004167 mark, a critical resistance SHIB lost 10 months ago, suggesting a possible 61.6% rise. Technical analysis supports the argument for an impending meme coin rally. The analyst identified a multi-year trendline that has limited Shiba Inu price growth. A successful breakout above this resistance could pave the way for gains exceeding 100%, potentially pushing the token to $0.000074. At press time, Shiba Inu (SHIB) is trading at $0.00002203, reflecting a 4.10% increase over the past 24 hours. The token’s market cap stands at $12.98 billion, with a 24-hour trading volume of $1.09 billion. #Shib $SHIB $BGB

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Data shared by the prominent Shibburn wallet tracker reveals a massive jump in the SHIB burn rate over the last 24 hours. Millions of meme coins have been removed from the circulating supply. As for the weekly burns, over the last seven days, the community has managed to burn more than a hundred million coins. $SHIB