Shiba Inu (SHIB) may be heading towards the psychological threshold of $0.0001 based on historical trends.
SHIB has already increased by 38.3% in the past two weeks due to the overall bullish market.
Despite a pullback from the $0.00003 zone, a bullish picture continues to be painted in the Shiba Inu ecosystem.
The recent accumulation of 4 trillion Shiba Inu by a new whale and increased SHIB burn rate indicate reduced selling pressure and potential for further price appreciation.