As reported by 528btc, the Shiba Inu (SHIB) ecosystem is entering a critical phase with multiple catalysts reshaping its market outlook. The Shibarium team announced a major breakthrough in tracking the hackers responsible for a previous bridge exploit, with the case now handed over to the FBI and Interpol. Investigators are also tracing stolen funds through KuCoin. Meanwhile, SHIB's price rose 0.03% in the last 24 hours to approximately $0.000008526. Coinbase is set to launch SHIB futures on December 12, a move expected to boost liquidity and institutional participation. Over 450 billion SHIB tokens have recently been moved from centralized exchanges to other platforms, with whale wallets accumulating around $35 million worth of the token. Analyst Javon Marks predicts a potential price target of $0.000032, implying a 200% increase from current levels.
FBI Traces Hackers Behind Shiba Inu Bridge Exploit, Price Could Rise 200%
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