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Will Shiba Inu Price Rebound Soon As Whales Accumulate Amid DAO Plans? Coingape 28 Aug 2024

Will Shiba Inu Price Rebound Soon As Whales Accumulate Amid DAO Plans? 🐋

Shiba Inu price dropped by 6.5% along with the broader market. Despite this decline, whale activity has surged to a monthly high, indicating that large investors might be buying at discounted prices.

This increase in whale activity aligns with ongoing efforts by the Shiba Inu community to bolster their ecosystem, particularly through DAO (Decentralized Autonomous Organization) plans.

Source: coingape.com ↗

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