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Shiba Inu (SHIB) Eyes $0.00002 Resistance Level Amid Growing Optimism

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2024-07-19 00:55:20963browse

Shiba Inu (SHIB) is witnessing a bullish trend with 2.6 billion tokens traded in the past 24 hours, boosting investor optimism.

Shiba Inu (SHIB) Eyes </p>.00002 Resistance Level Amid Growing Optimism

Shiba Inu (SHIB) has been enjoying a bullish trend, with a large volume of tokens being traded and a growing optimism among investors.

As the price of SHIB continues to surge, it has managed to surpass Avalanche (AVAX) in terms of market capitalization.

With the token’s immediate goal being the $0.00002 resistance level, if it manages to reach this target, it will be breaking one of its longest negative streaks this year.

According to the available data, despite taking a long time to break the $0.00001 price mark, the token is now set for massive growth.

This is evident in the high volume of trades throughout the day, with more than 2.6 billion SHIB being traded in a single day, boosting confidence in the bullish trend.

As SHIB’s price increase continues, it is targeting $0.00002, potentially reaching a high of $0.000025 by the end of the month.

However, to achieve its long-term growth objectives, the rally must be sustained, other ecosystem fundamentals must be maintained, and large buying by whale accounts must continue.🎜

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