The dog-themed cryptocurrency Shiba Inu (SHIB) is showing signs of rebounding after a significant sell-off. SHIB has recovered 7% in the last 24 hours, coinciding with a massive increase in large holder inflows. This suggests that whales may be moving funds into SHIB in anticipation of dip buying. The recent crypto market sell-off has seen meme coins lose value, but large dips can be beneficial in the long run as they create a more stable platform for future price increases. SHIB fell drastically but has marginally recovered. If it sustains its rebound, there may be more gains, while selling pressure could lead to more losses. SHIB holders are watching carefully to see if this rebound will last.
Content Editor ( u.today )
- 2025-02-04
Shiba Inu Inflows Skyrockets 553% as SHIB Price Rebounds 7%
