Shiba Inu (SHIB) Price Analysis: Whales Scoop 34 trillion SHIB, Time to Abandon DOGE?

Quick Summary:

Shiba Inu price found support at the $0.000020 level on January 11 after the crypto market triggered a sharp 15% correction during the week.

On-chain data shows large investors strategically buying the dip.

Is SHIB on the verge of a major bullish reversal?

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets: India

Topics: SHIB Price Analysis Price Analysis Memecoins Shiba inu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-11 @ 10:21:33 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 681 words

Reading Time: 4 minutes read

Sentences: 54 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 25061167

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Year Established: 2017

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News Last Updated: 10 hours ago

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