Shiba Inu has long been working in the background, gathering all its energy up to bank on a new momentum. That being said, the markets at the moment are also projecting a slow stance with recovery in place, which may indirectly help SHIB build its momentum slowly and steadily. However, in the middle of this, two new catalysts are flashing green for SHIB, signaling that the token is yet to deviate from its true price path.

Also Read: Shiba Inu’s Shibarium Can Bring Real Use Cases: Here’s How

2 Catalysts Supporting SHIB’s Future

According to the latest update on the Shibarium page on X, Shiba Inu is currently in a low price zone, doing its best to maintain stability at $0.0000085 to $0.000009. Moreover, the portal was quick to deliver concise updates on all major SHIB frontiers, sharing that the Shiba Inu bridge hacker has now been fully traced and that funds are being tracked via Kucoin.

Moreover, the major highlight of Shibarium’s X post was the focus on Coinbase SHIB futures launching on December 12th. This is a major bullish catalyst for SHIB, capable of shifting gears for the token to bank on. Other than this, Shiba Inu ETF murmurs are also gaining momentum, which is another bullish feat that the token can bank on if it manages to become a legitimate crypto ETF.

“Shib Last Update. Price is stable around $0.0000085 to $0.000009. 45B+ SHIB moved off exchanges. Holders are accumulating. $35M whale transfer into private wallets. Shibarium. The RPC upgrade caused a temporary explorer reindex. The network is working normally. Full privacy upgrade confirmed using encrypted tech. Target rollout 2026. Security. Bridge hacker fully traced. The case was reported to the FBI and Interpol. Funds tracked through KuCoin. Big Market Access. Coinbase SHIB futures launch December 12. SHIB being considered for a crypto ETF.”

Shiba Inu’s Next Target?

According to Javon Marks, Shiba Inu is currently eyeing a new high of $0.000032 as it continues to signal new price development, signaling its pace towards the aforementioned price mark.

“$SHIB’s action continues to show a huge divergence, which is suggesting that prices can make an over 234% recovery move back into the $0.000032s! (Shiba Inu).”

Also Read: The Real Reason Why Shiba Inu Has Struggled Since 2021