Shiba Inu Price Prediction: Massive 100% Spike in Whale Activity – Can SHIB Make You a Millionaire?
Main Idea
Shiba Inu (SHIB) experiences a surge in whale activity, with predictions suggesting potential price movements, while Token6900 (T6900) gains traction as a community-centered meme coin.
Key Points
1. Whale activity for SHIB spiked, with 359.6 billion SHIB tokens worth $4.9 million moved out, indicating potential bullish momentum.
2. SHIB price faces temporary resistance at $0.00001400 but could target $0.00001600 if support at $0.00001300 holds.
3. The Relative Strength Index (RSI) suggests a possible downward move if it remains below 50, while trading volumes declined by 26%.
4. Token6900 (T6900) has raised nearly $2M in presales, positioning itself as a community-driven meme coin with a hard cap of $5.
5. Investors can purchase T6900 via the Token6900 website by swapping USDT or ETH or using a bank card.
Description
Whales are piling on SHIB as the price increased by 8% in the past 7 days. Data from IntoTheBlock shows large outflows from big wallets during the weekend that favor a bullish Shiba Inu price prediction. On August 7, 359.6 billion SHIB tokens worth approximately $4.9 million were moved out of exchanges and into cold wallets. This typically signals that whales expect to hold on to these assets for a long period as they expect that the price will increase. Whale wallets typically hold more than 0....
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