Shiba Inu Hold Time Hits 2.8 Years: What’s Next for SHIB Price?

Key Points

1. Shiba Inu (SHIB) holders have held the token for an average of 2.8 years, suggesting long-term commitment from a significant portion of the community.

2. SHIB's price recently increased by 4.75% to $0.00001588, with trading volume rising by 105% to $628 million.

3. The token has broken past the $0.0000145 resistance level, with potential next targets at $0.000016 to $0.000019.

4. 474.9 trillion SHIB were previously bought in the $0.000016 to $0.000019 range by 71,360 addresses, indicating strong support levels.

5. If bullish momentum continues, SHIB could potentially reach $0.00002 or even $0.00003.