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Shiba Inu Price Meets Wall of 22,700,000,000,000 SHIB: Now What?
The Shiba Inu (SHIB) price has reached a critical juncture as it meets a wall of over 22 trillion tokens potentially standing in its way. The sudden surge in the market has propelled SHIB to unprecedented heights, but can this momentum be sustained in the face of such monumental resistance?
As the cryptocurrency continues to defy expectations, the question on everyone’s mind is: “What now?” Will the price continue its upward trajectory or will it stall at the 22 trillion mark? The answer lies in the data.
Recent statistics have revealed that a staggering 25.7 million SHIB tokens were burned within hours, leaving many wondering if this is the start of something bigger. However, the market remains cautious as XRP’s price no longer trades at a discount, and Tether has minted an astonishing 1 billion USDT on Tron.
The question now becomes, can SHIB break through this colossal barrier or will it become stuck? The data suggests that with more than 22 trillion tokens potentially standing in the way, the answer may not take long to materialize on the chart.
For the time being, investors are left holding their breath as they wait for the outcome. Will Shiba Inu continue its upward march or fall short of expectations? Only time will tell.
Source: https://u.today/shiba-inu-price-meets-wall-of-22700000000000-shib-now-what
