CandleFocus Shiba Inu (SHIB) Price Gives Advantage to Whales: Details
2024-10-07
Author: Content Editor
Summary: The meme-inspired cryptocurrency Shiba Inu (SHIB) may be undervalued, according to on-chain data from IntoTheBlock. The Large Holders Netflow metric shows a significant increase in SHIB holdings by large players over the past 24 hours, indicating that whales are buying the coin. However, there has not been a significant increase in large transactions, suggesting that not all whales are buying yet. The current price of SHIB is $0.000018, and its price action in the past two weeks has been volatile. This week will be crucial in determining the future of SHIB.
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