Shiba Inu (SHIB) is showing bullish signals on both daily and hourly charts, indicating a potential breakout after a consolidation phase.
With a growing community, strategic token burns, and increased visibility, SHIB is moving away from its meme-only image to become a serious player in the altcoin market.
If you invest $1,000 in SHIB today and it rises back to its all-time high of $0.00008845, the investment could yield over 5x returns.
Sustainability of SHIB's rally depends on broader market sentiment and continued demand, with on-chain data and volume spikes supporting the current accumulation of SHIB.