2 trillion Shiba Inu (SHIB) tokens have been moved off exchanges in the past week.
Shibarium has been reactivated in private mode and is expected to go public soon.
Shiba Inu is currently trading under most of its important moving averages but is on a small ascending trendline.
If SHIB breaks below $0.0000078, we can expect further downside.
If it breaks out above $0.00000881, we expect a possible Shibarium-fueled rally.
Overall, the outlook for Shiba Inu is positive.
Cryptocurrencies like Shiba Inu have seen some very interesting developments like the initial Shibarium launch, and the nightmare that followed after customers overwhelmed the network.