Shiba Inu's marketing director Lucie has acknowledged the bullish target price of $0.00001200 for SHIB, which is consistent with technical analysis by analyst SHIB KNIGHT indicating that SHIB has broken out of a descending wedge pattern. Currently, SHIB is trading at approximately $0.00000865, up 3.62% in the past 24 hours, but still about 90% below its all-time high of $0.00008845 in October 2021. This recognition coinccomes with the team's launch of the “SHIB Owes You” (POU) program, a recovery plan aimed at compensating users for over $3 million in losses caused by a security vulnerability in Shibarium.