Shiba Inu Skyrockets 343% in a Month, But Can the Meme Coin Sustain Momentum?

Shiba Inu price has seen huge 343% growth in the last month and 50% in the last 24 hours, but can it sustain this bull run?

The MVRV ratio spiking to 1.29 signals SHIB may be overvalued and due for profit-taking.

Top addresses still hold over 58% of total supply, showing continued confidence in SHIB's potential.

IOMAP chart shows most holders are "in the money," providing strong support at $0.000039.

If bull run continues, SHIB could see 50% more gains to $0.00006, approaching its all-time high.