Shiba Inu Price Eyes 300% Rally As SHIB Whale Activity Surges

Quick Summary:

The Shiba Inu price could rally as much as 300% as SHIB whale activity is on the rise, a bullish development for the second-largest meme coin by market cap.

Other on-chain metrics also paint a bullish for SHIB and indicate that its bull run could begin anytime from now.

Specifically, these whales have traded 2.57 trillion SHIB tokens in the last 24 hours, Meanwhile, on November 6, they traded a 7-day high 6.39 trillion SHIB tokens.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: Meme Coins 24/7 Cryptocurrency News SHIB Shiba inu Altcoin News Shiba Inu Price SHIB Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 17:18:56 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23472169

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About CoinGape

Main Topics: Crypto

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