Shiba Inu Bulls Are Back: Here’s The 512 Billion SHIB Accumulation That Trigg...
Shiba Inu bulls are back, with on-chain data indicating heavy accumulation among the meme coin’s investors. Specifically, a 512 billion SHIB transfer has drawn the attention of the crypto community, sparking bullish sentiments towards the meme coin, which has underperformed so far. Shiba Inu Bulls Spark SHIB Accumulation Theory With 512 Billion SHIB Transfer Etherscan […]
Related News
Crypto analyst Javon Marks has revealed that Shiba Inu has completed a bullish setup and that a rally of around 138% may be on the horizon. Fundamentals such as the new SEC rule also provide a bullish outlook for the foremost meme coin. Shiba Inu’s Bullish Setup Hints At 138% Rally In an X post, Marks said that Shiba Inu’s setup is still hinting at a rally of over 138%, which would send the SHIB price back to around $0.000032. He added that it is only a matter of time for this move to materialize as a bull signal holds confirmed, hinting at this move for the top meme coin. Related....
Shiba Inu is up by 12.15% in a 7-day timeframe as investors continue to accumulate cryptocurrencies in the wider crypto market. However, on-chain data has shown that accumulation has been going on for a while, with SHIB whales now accumulating $300 million in the past three months. Shiba Inu Whales Have Been Accumulating Large Amounts Of SHIB On-chain data from IntoTheBlock has shown that SHIB whales, meaning large holders, have been accumulating huge amounts of SHIB over the last few months. Large holders in the Shiba Inu ecosystem are divided into 12 whales (those with more than 1% of....
Back in May, Ethereum founder Vitalik Buterin donated over $1 billion in ETH and meme coin Shiba Inu (SHIB) to an Indian COVID relief fund. The meme coins had been sent to Buterin by the creator of the meme coin Shiba Inu. This had been done as a marketing stunt to increase the value of […]
Shiba Inu’s price action in the past seven days has been marked by a decline from $0.00001514, struggling to keep up an upward momentum. After briefly touching $0.00001514 on April 26 following Bitcoin’s rally, SHIB has since pulled back and is currently hovering near $0.0000132. This decline reflects a broader hesitation among Shiba Inu traders […]
A fresh wave of on-chain activity shows billions of Shiba Inu (SHIB) tokens shifting hands through a major market maker. This large-scale transfer points to behind-the-scenes moves that could redefine how SHIB is positioned in the market, underscoring the meme coin’s continued presence among high-volume players. Wintermute Moves Billions Of SHIB To Exchange Shiba Inu […]