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What is the possibility that the Shiba Inu coin will grow?

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Right now, it's rocking the meme coin scene with the second-largest market cap. Shiba Inu (SHIB) is on a speedy price ride, shooting up by a whopping 116% in trading volume and hitting $0.00001365.

 

Hold onto your hats because there's more excitement— a cool 41% weekly surge in value. Investors are jumping on board, hinting that this upward trend might just keep on rollin'.

 

Looking at the weekly chart, signs point to SHIB possibly breaking its past high of $0.00001430. If this happens, we're talking about a bullish breakout, setting the stage for SHIB to hit the $0.000020 mark.

 

Last time it reached there was back in May 2022. So, things are looking pretty promising for Shiba Inu's ride in the market right now!

 

Also read: Shiba Inu Coin Price Prediction