Shiba Inu Eyes 200% Surge? LEASH V2 Paves the Way for a Major Breakout

Shiba Inu is once again capturing market attention. The token’s price is holding within its accumulation zone, and technical analysis suggests the possibility of a massive upward move. At the same time, the crucial LEASH V2 migration is underway, strengthening the Shiba Inu ecosystem and expanding its reach across multiple blockchains.

SHIB price shows strong base for expansion Shiba Inu is currently trading at $0.00001306, steadily holding above its long-term accumulation zone. This area has repeatedly served as a springboard for major rallies in the past. 🔹 The first explosive breakout delivered a 842% increase, followed by another 384% rally – both initiated after extended consolidation.

🔹 The current chart structure resembles a rounded double-bottom pattern, a formation that often signals the start of powerful uptrends.

🔹 The key resistance lies at $0.00002345. A breakout above this level could push SHIB toward $0.000035, representing nearly a 200% price surge. However, a drop below $0.000013 could delay the breakout and send the token back into deeper accumulation. Still, the long-term outlook remains cautiously optimistic as long as the double-bottom formation continues to hold.

LEASH V2 migration – a new milestone for Shiba Inu’s ecosystem Alongside technical signals, investors are also watching the pivotal LEASH V2 migration, which significantly enhances the ecosystem’s foundation. 🔹 Migration follows a fixed ratio model, eliminating the risk of inflating supply.

🔹 Unused tokens can be burned, reinforcing scarcity and long-term value.

🔹 An independent audit by Hexens ensures greater security, with results to be published at the mainnet launch.

🔹 The V2 contract introduces new features such as ERC20Permit and ERC20Burnable, simplifying maintenance and improving flexibility. The migration is taking place in three distinct phases – starting with asset holders, then liquidity providers, and finally users across multiple blockchains. Upcoming integrations include Base and Solana, in addition to Ethereum. Another critical step is the adoption of Chainlink’s CCIP framework, which underlines efforts to achieve cross-chain interoperability and further solidifies Shiba Inu’s position as a robust multichain ecosystem. Conclusion Shiba Inu is approaching a decisive moment. If the price successfully breaks above $0.00002345, a rally toward $0.000035 – more than 200% upside – becomes increasingly likely. This potential breakout is not only supported by technical analysis but also by the ongoing LEASH V2 migration, which enhances security, interoperability, and the long-term sustainability of the Shiba Inu ecosystem.

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