Despite a generally bearish outlook in the digital currency ecosystem, Shiba Inu is showing signs of potential growth as whales seem to be returning. These on-chain signals suggest a positive long-term outlook for the memecoin, even as the SHIB price experiences a minor decrease.
Currently trading at $0.00001574, down by 0.54%, Shiba Inu remains a significant player in the altcoin market. The heavily watched asset is seen as primed for a potential rally.