Shiba Inu coin has caught the attention of large investors, known as whales, following a significant price drop of 15.95% over the past month. This decrease presented an appealing buy-the-dip opportunity that many investors seized upon.
SHIB has shown signs of rebounding from its downward trend, moving from a weekly low of $0.00001346 to its current price of $0.00001413. The coin's price saw a 2.62% increase over the past 24 hours.
As confidence grows, speculation is rising over whether Shiba Inu could reach a new target price of $0.000015 shortly, signaling renewed optimism among traders and investors.
