With Shiba Inu (SHIB) price up 22 percent in the past four weeks after failing to retest this year’s lows, technical indicators point to an imminent breakout in the coming weeks as the altcoins slowly steal the show from Bitcoin.
The Shiba Inu ecosystem has grown to a robust network consisting of committed web3 developers from the Polygon (MATIC) and Ethereum (ETH) blockchains as depicted in the Shibarium launch.
The second largest meme coin by market capitalization after Dogecoin (DOGE) and the leading on the Ethereum network, Shiba Inu (SHIB), has slowly been preparing for an imminent bullish breakout in the past few weeks. According to market data provided by TradingView, the recent SHIB rebound could be the beginning of the macro bull run after a year and a half of horizontal consolidation.
Moreover, the Shiba Inu core developers led by Shytoshi Kusama have been busy the entire crypto winter building institutional-grade infrastructure to enable the SHIB mainstream adoption. As of

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