Shiba Inu (SHIB) Surge Potential

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Is a Shiba Inu Price Recovery Looming As Whales Move $39M?

Summary

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63% Informative

Shiba Inu ( SHIB ) has recently drawn attention as large-scale transactions involving the token were spotted on-chain.

Over 1.6 trillion SHIB tokens , worth about $39 million , were transferred from Crypto.com to anonymous wallets.

This has led to concerns as to whether there is a possibility of further upward surge for the popular meme cryptocurrency.

Technical analysts have observed a cup-and-handle formation on the weekly chart, a technical pattern that signifies a potential increase in the price.

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formal

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English

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not offensive

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not hateful