SHIB News: 3 Catalysts Could Ignite Shiba Inu Surge to $0.0003, Say Experts
The post SHIB News: 3 Catalysts Could Ignite Shiba Inu Surge to $0.0003, Say Experts appeared on BitcoinEthereumNews.com.
Shiba Inu (SHIB) shows resilience as its holder count hits an all-time high, and whales accumulate 874 billion tokens, signaling potential recovery. SHIB’s exchange reserves drop to a record low of 14.5% of supply, reducing selling pressure and setting the stage for a possible rally to $0.0003. Despite sliding to a 13-month low of $0.0000010 earlier this week, Shiba Inu (SHIB) might not be down for the count. With a loyal base still holding strong and some major wallets doing some heavy lifting, SHIB could be headed for a dramatic turn. According to crypto analyst Luckside Crypto, there are three standout factors right now that could push SHIB toward a bold recovery — all the way to $0.0003. The analyst, in a video posted on Monday, admitted being off about SHIB’s higher low but quickly shifted gears to focus on what he believes are major positives amid all the red across the market. “Despite the market drops and the big freakout going on throughout the space, Shiba Inu holders are showing remarkable resilience,” he said. This resilience is not just about sentiment. While SHIB was taking hits along with the rest of the market, the number of SHIB holders quietly climbed to an all-time high. That’s a strong sign that retail investors are refusing to flinch, even as markets tremble. Luckside calls this retail holder stability the first reason SHIB has a shot at reclaiming momentum. Whales Step In While Others Panic Not everyone is selling. In fact, quite the opposite is happening behind the scenes. Since early April, large investors — often referred to as whales — have scooped up around 874 billion SHIB tokens. That’s roughly $10.4 million worth at today’s rates. “Yesterday (Sunday) was a whale accumulation day,” said Luckside Crypto. “Whales have been very heavily buying…
Filed under: News - @ April 14, 2025 10:25 pm