PeckShield Confirms $2.8M Shibarium Exploit — Could SHIB Slide Toward $0.00001 on Network Risks?

A recent report from PeckShield reveals a major security breach in Shibarium, costing $2.8 ￰0￱ alarming incident has raised concerns about SHIB’s stability and possible price ￰1￱ risks within the Shibarium network push SHIB to the edge? Discover which cryptocurrencies are poised for potential growth amid this unsettling ￰2￱ Inu Price Sees Uptrend with Room for Further Growth) is currently priced between $0.00001199 and $0.00001278. Lately, it has experienced around an 18% jump in just one ￰3￱ crypto shows promise, approaching its resistance at $0.00001308. Should it break this, the next target is $0.00001387.

In the last month, Shiba Inu has grown by about 5%, indicating slow but steady ￰4￱ six months, it has climbed over 11%. The strong RSI reading of 74.75 suggests bullish momentum, signaling potential for more ￰5￱ Inu could continue rising if it maintains its current ￰6￱ The recent hack poses significant challenges for SHIB's stability and community ￰7￱ the network grapples with security issues, investors might reconsider their positions. A decline toward $0.00001 could be possible if solutions to these vulnerabilities aren’t quickly ￰8￱ situation underscores the importance of robust security measures in maintaining the value and trust of the coin.

Disclaimer: This article is provided for informational purposes ￰9￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.