The Shiba Inu price has seen a period of subdued performance recently, despite the bearish market climate. However, investor optimism remains high, fueled by increased trust in the Shiba Inu ecosystem and its expanding real-world application. Recent data highlights a significant increase in Shiba Inu holders, with over 1.5 million wallets now actively holding SHIB tokens – representing just 0.011% of global population. This surge in holder activity is encouraging optimism within the community. As Lucie, the lead marketing representative for Shiba Inu, highlighted on Twitter, this growth underscores the mission’s continued momentum. The recent milestone was marked by a significant increase in the number of wallets holding SHIB, with a potential impact on price trends. 🚨 SHIB HOLDERS HIT NEW ATH! 🚨 With over 1.5 million wallets now holding $SHIB, the Shiba Inu community is showing consistent growth. The price currently stands at around $0.00001268, and experts are anticipating a bullish trend in the coming weeks based on the data available. Will this growth translate into a significant price increase? Analysts believe a positive crossover of the Simple Moving Average (SMA) could signal a bullish outlook for the meme coin this week. Further support for a potential price surge comes from the Relative Strength Index (RSI) which has broken out of oversold territory and is currently hovering near neutral at 42.17, indicating increasing buying pressure within the market. The Shiba Inu price is poised for growth as it reaches resistance levels around $0.00001340 and $0.00001975. A sustained rally could potentially lead to a retest of its February peak at $0.00002250. However, the crucial support for the SHIB price remains at $0.00001065, marking a critical point for the memecoin’s future trajectory.