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

Shiba Inu (SHIB) price surged by 25% in the past 24 hours, reaching a high of $0.0000274.

This breakout could potentially lead to another massive rally, with SHIB targeting $0.0001 in the coming weeks.

Shiba Inu has been one of the best-performing cryptocurrencies in 2023, gaining over 1,000% since the start of the year.

The latest rally was triggered by a combination of factors, including the recent listing of SHIB on Robinhood and Binance.US.

The technical outlook for SHIB is also bullish. The breakout above the $0.000025 resistance level has created a new higher high for the cryptocurrency. This suggests that the bulls are in control and that a further rally is possible.

If SHIB can continue to climb, it could potentially reach its previous all-time high of $0.00008845. This would represent a gain of over 250% from the current price.

Of course, there are no guarantees in the cryptocurrency market. However, the recent breakout and the strong technical outlook suggest that SHIB has the potential to continue its rally in the coming weeks.