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Shiba Inu (SHIB) Poised for 100% Price Surge: 110 Trillion Tokens Hold the Key

13d ago
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  • Shiba Inu (SHIB) is on the verge of a significant price breakthrough, with a 110 trillion SHIB threshold potentially doubling its value.
  • Over 327,000 addresses would require SHIB to increase to $0.00005 to break even, according to IntoTheBlock’s breakeven price indicator.
  • A successful breach above this threshold could erase a zero from the SHIB price and propel it to new all-time highs.

Shiba Inu (SHIB) is poised for a potential price surge, with a 110 trillion SHIB threshold holding the key. A successful breach could double the value of SHIB and set new all-time highs.

Shiba Inu’s Potential Price Breakthrough

According to IntoTheBlock’s breakeven price indicator, 110.27 trillion SHIB were purchased by 327,200 Shiba Inu addresses between the range of $0.000026 and $0.000051 at an average price of $0.000034. This is close to the current price range for Shiba Inu, implying that over 327,000 addresses would need SHIB to increase to $0.00005 to break even.

The Significance of the 110 Trillion SHIB Threshold

The 110 trillion SHIB tokens present a formidable barrier, but they also hold the key to a potential surge in value. From Shiba Inu’s current prices, a jump to $0.00005 represents a 100% increase in SHIB value. What makes this threshold even more significant is that a successful breach above it holds the potential to erase a zero from the SHIB price. Next to the 110 trillion SHIB threshold is a range where 37.13 trillion SHIB were bought by 126,520 addresses above the $0.000051 price point. A successful takeover of this level could... Read the full article for FREE at COINOTAG!

13d ago
bullish:

1

bearish:

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