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Shiba Inu’s Parabolic Phase on the Horizon Thanks to History Repeating Itself

  • 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.

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