A major Shiba Inu whale has attracted attention in the market by significantly increasing his holdings of the well-known meme token, Shiba Inu (SHIB), to a substantial $21.72 million. This comes after a period of about a month of inactivity.
As a result of this notable acquisition activity, market watchers and analysts are anticipating further upward movement in the SHIB price, possibly reaching $0.000037. This development underscores the potential impact whales can have on the cryptocurrency markets, particularly for specific tokens like SHIB.
The buying spree by the whale has undoubtedly stirred discussions within the crypto community, with experts and investors closely monitoring any signs of potential price surges. The transaction has been highlighted across various cryptocurrency news platforms, signaling the continuous interest in Shiba Inu and similar meme tokens.
