Shiba Inu (SHIB), a prominent meme coin, is witnessing significant interest from major holders, commonly referred to as ‘whales’. Their increased transaction activity is seen as a positive sign, potentially leading to a 300% price surge. This activity suggests an upcoming bullish rally for SHIB, further solidifying its position as the second-most valuable meme cryptocurrency.
As the cryptocurrency market anticipates this potential rise, investors and market participants are paying close attention to SHIB's performance. The current dynamics highlight the influence of large transactions in shaping the price movements of meme coins.
