SHIB Recovery Gains Strength After 56 Billion Tokens Move in One Day
Photo: CryptoNewsLand
SHIB reclaimed $0.000005 after bouncing from recent lows near $0.00000493. Exchange inflows exceeded outflows by nearly 54 billion SHIB tokens. Resistance near $0.00000525 remains crucial for confirming further recovery strength. Shiba Inu has returned above a critical price level , giving holders a reason to stay optimistic. After slipping below $0.000005, the meme coin bounced back and climbed to around $0.00000510. The move looks encouraging at first glance. However, a surge of tokens flowing into exchanges has raised fresh questions. While network activity remains steady, traders now face a tug-of-war between improving price action and growing selling pressure.
Source: CryptoNewsLand
