The Shiba Inu cryptocurrency is experiencing heightened activity among whales, or large-scale investors, which may cause its price to increase by 300%. This could signify a significant bull run for the meme coin.
Supporting this, various on-chain metrics also hint at a bullish trend, suggesting that Shiba Inu could soon experience a substantial rally.
The market's attention is focused on Shiba Inu due to these developments, as investors anticipate a promising rise in its value.