Shiba Inu Breakout: Could This Crypto Hit New All-Time Highs?

Shiba Inu’s price (SHIB) has broken out of a consolidation phase, suggesting a potential surge towards new all-time highs. Market analysts attribute this recent bullish move to expanding DeFi applications and growing institutional investment interest. The cryptocurrency’s price action has indicated a shift from a period of stagnation, indicating the potential for a significant price jump.