Shiba Inu (SHIB) has shown a bearish breakdown but analysts believe it is positioned for a significant breakout.
Analyst Javon Marks predicts SHIB could target $0.000081, a gain of over 330%.
MMBTrader expects a +100% gain and highlights the potential for a sustained upward move if SHIB breaches the critical resistance level at $0.00002.
Shibarium, the layer-2 scaling solution for the Shiba Inu ecosystem, has seen a 23,368% surge in new transactions over the past 30 days, reflecting rising user interest and engagement.