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Analysis: the price of SHIB remains without surprises, but there are key signals.✨
At the time of this writing, the price of SHIB is quoted at $0.0000145, with daily gains of 1.1%, weekly losses of 3.6%, and monthly gains of 5.9%. The memecoin remains stable without major shocks, although there are important signals to consider.
What is generating the current levels in SHIB?
The price of SHIB is influenced by the current levels of BTC. Although the leading cryptocurrency has not yet surpassed its recent highs, its stabilization above $105,000 represents a deeply bullish signal.
The memecoin continues to show strength, driven by the support of its active and numerous community, known as the "SHIB Army." This group keeps the conversation alive on social media and continues to generate attention on the project.
Additionally, some technical advancements have contributed to the price momentum, such as recent improvements in Shibarium L2. According to analysts, these developments could benefit SHIB, especially if new integrations are added and institutional interest increases.
