Shiba Inu (SHIB) Aims for 'Zero Deletion' as Bulls Defend $3 Billion Market Cap Support
Shiba Inu (SHIB) is targeting a 'zero deletion' scenario, aiming to lift its market capitalization to $7 billion. The token's market cap currently stands at $3.05 billion, with the price around $0.00000516. For growth to resume, SHIB needs to close the current week above its 23-week moving average. The last line of defense is the $0.00000500 mark, which keeps the market cap near the key $3 billion support. In the past 24 hours, investors withdrew 51 billion tokens from exchanges, with 94.6% of all SHIB controlled by just 798 large wallets.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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