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CoinGape

Shiba Inu Price 2.5X Breakout Could Unlock $3.45B in Profits

CoinGape
Summary
Nutrition label

63% Informative

Shiba Inu price shows signs of a 140% breakout if $ 0.000020 resistance is broken.

On-chain metrics suggest that new volume is coming to SHIB that could facilitate the breakout.

Bitcoin is up 1.6% and trading around $76,125 , pulling up the crypto market by 0.2% to $2.685 trillion .

If this breakout happens, SHIB investors at and outside the money could be looking at $3.45 billion in profits.

VR Score

40

Informative language

26

Neutral language

37

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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