Shiba Inu is attempting to resume growth to erase another zero from its price and lift its market capitalization to $7 billion. After a powerful 39.3% surge in Q3, the token has corrected with its market cap now holding around $3.05 billion while the price frozen near $0.00000516. The key $3 billion support and the psychological level at $0.00000500 represent the last defense before a decline toward summer lows. 798 large wallets control 94.6% of all SHIB tokens, while 51 billion tokens were withdrawn from exchanges in 24 hours, signaling accumulation by major players. Reclaiming above the 23-week moving average is crucial to trigger a new bullish cycle toward the $7 billion market cap target.
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