Shiba Inu (SHIB) Nears a Breaking Point That Might Trigger a 455% Increase

While the second-largest meme coin has been stuck in a prolonged downtrend over the past several months, some market observers believe the price may stage an impressive comeback soon. Certain on-chain factors reinforce the bullish scenario, whereas stalled activity on Shibarium suggests the bears might not give up easily. SHIB to Skyrocket? As of press time, the meme coin trades at around $0.000005653, representing a…