{"id":574810,"date":"2024-02-13T09:00:56","date_gmt":"2024-02-13T09:00:56","guid":{"rendered":"https:\/\/uniquehot.com\/?p=574810"},"modified":"2024-06-11T08:12:21","modified_gmt":"2024-06-11T08:12:21","slug":"shiba-inu-records-2500-spike-in-whale-activity-shib-price-about-to-skyrocket","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-coin\/shiba-inu-records-2500-spike-in-whale-activity-shib-price-about-to-skyrocket\/","title":{"rendered":"Shiba Inu Records 2,500% Spike In Whale Activity, SHIB Price About To Skyrocket?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-latest-developments\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Shiba Inu ecosystem<\/span><\/a><span style=\"font-weight: 400\"> is buzzing with renewed excitement as whale activities are rising and daily transactions are surging to new levels. Amid <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-breaks-out-of-downtrend-big-gains-ahead\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">SHIB\u2019s price <\/span><\/a><span style=\"font-weight: 400\">stagnation over the past few years, these developments could propel the cryptocurrency\u2019s value to new highs.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-spikes-by-nearly-200-as-price-recovers\/\" target=\"_blank\" rel=\"noopener \">Shiba Inu Burn Rate Spikes By Nearly 200% As Price Recovers<\/a><\/div>\n<h2>Shiba Inu Whale Activity On The Rise<\/h2>\n<p><span style=\"font-weight: 400\">Popular doggy-themed cryptocurrency SHIB has recently experienced a massive rise in whale inflows<\/span><span style=\"font-weight: 400\">. According to data <\/span><a href=\"https:\/\/app.intotheblock.com\/coin\/SHIB\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">released<\/span><\/a><span style=\"font-weight: 400\"> by crypto market intelligence platform IntoTheBlock, Shiba Inu experienced a surge of 2,595% in large holder inflows.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The cryptocurrency witnessed a substantial surge between Wednesday, February 7, and Friday, February 9, resulting in an impressive spike in inflows from 275.2 billion SHIB to a staggering 2.31 trillion SHIB. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, around Thursday, February 8, and February 9, the Shiba Inu cryptocurrency witnessed another surge, as large holder inflows rose from 1.4 trillion SHIB to 2.31 trillion SHIB.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">These large gains have marked a notable shift in investor sentiment regarding <\/span><a href=\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-price-breaks-2-month-downtrend\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">SHIB<\/span><\/a><span style=\"font-weight: 400\">, effectively capturing the attention of the broader cryptocurrency market. Lately, there has been an evident increase in <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-whale-transactions\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">whale activities<\/span><\/a><span style=\"font-weight: 400\"> within the Shiba Inu ecosystem. This has led market watchers and investors to closely monitor the token, seeking insights into factors driving these significant whale movements.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Shiba Inu&#8217;s marketing lead and influencer, Lucie, has also projected a <\/span><a href=\"https:\/\/uniquehot.com\/analysis\/shib-price-prediction-shiba-inu-hurdles\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">bullish outlook for <\/span><\/a>the company. According to her post on X (formerly Twitter), Shiba Inu could <span style=\"font-weight: 400\">be one of the major altcoins taking advantage of the <\/span><a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bitcoin-bull-run-2024-inevitable\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">2024 bull run. <\/span><\/a><\/p>\n<p><span style=\"font-weight: 400\">She <\/span><a href=\"https:\/\/x.com\/lucieshib\/status\/78300935?s=46\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">explained<\/span><\/a><span style=\"font-weight: 400\"> that when the bull market phase starts and capital pours into prominent cryptocurrencies like Bitcoin and other major altcoins, the momentum will likely extend into Shibarium, potentially <\/span><a href=\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-project-timelines-shib-price\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">triggering a price surge for SHIB.\u00a0<\/span><\/a><\/p>\n<h2>SHIB Sets Course For Potential Price Surge<\/h2>\n<p><span style=\"font-weight: 400\">In addition to the <\/span><a href=\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-whale-accumulates-massive-holdings-amid-price-recovery\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">rise in whale activities<\/span><\/a><span style=\"font-weight: 400\">, SHIB has experienced a notable increase in daily transactions and new active users. Data from ShibariumScan <\/span><a href=\"https:\/\/www.shibariumscan.io\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">reveals<\/span><\/a><span style=\"font-weight: 400\"> a surge in daily transactions from 526,090 on February 9 to 2.04 million on February 11. At the time of writing, daily transactions have dropped slightly, standing at 1.88 million.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-whale-makes-large-purchase-reverse-shib\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">surge in large investor purchases<\/span><\/a><span style=\"font-weight: 400\"> and daily transactions could indicate a possible spike in the price of Shiba Inu soon. Usually, a rise in transactional volume signifies an increase in investor interest and adoption of a cryptocurrency, which further contributes to increased demand and potentially impacts market sentiment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to CoinMarketCap, the price of SHIB is currently at $0.0000095, reflecting an impressive 2.76% gain in the past 24 hours. Crypto previously <a href=\"https:\/\/uniquehot.com\/news\/meme-coin-blues-nearly-70-of-shiba-inu-investors-underwater-as-price-flops\/\" target=\"_blank\" rel=\"noopener \">struggled<\/a> to keep up with the pace of <\/span><span style=\"font-weight: 400\">bullish trends in the crypto market.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/shiba-inu-on-cusp-of-lunar-launch-as-1-3-trillion-shib-barrier-on-crosshair\/\" target=\"_blank\" rel=\"noopener \">Shiba Inu On Cusp Of Lunar Launch As 1.3 Trillion SHIB Barrier On Crosshair<\/a><\/div>\n<p><span style=\"font-weight: 400\">However, with recent positive developments fueling market sentiment, Shiba Inu may be poised to experience an exponential surge if it can <\/span><a href=\"https:\/\/uniquehot.com\/news\/shiba-inu-on-cusp-of-lunar-launch-as-1-3-trillion-shib-barrier-on-crosshair\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">break through key limitations<\/span><\/a><span style=\"font-weight: 400\"> and price resistance.\u00a0<\/span><\/p>\n<figure id=\"attachment_574814\" aria-describedby=\"caption-attachment-574814\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-574814 size-large\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=860&#038;resize=860%2C410\" alt=\"Shiba Inu SHIB SHIBUSDT\" width=\"860\" height=\"410\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=2372 2372w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=2048 2048w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/Shiba-Inu-SHIB-SHIBUSDT-1.png?w=1140 1140w\" sizes=\"(max-width: 860px) 100vw, 860px\"><figcaption id=\"caption-attachment-574814\" class=\"wp-caption-text\">SHIB&#8217;s price experience some gains recently on the daily chart. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\" target=\"_blank\" rel=\"noopener nofollow\"><strong>SHIBUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n<p>Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Shiba Inu ecosystem is buzzing with renewed excitement as whale activities are rising and daily transactions are surging to new levels. Amid SHIB\u2019s price stagnation over the past few years, these developments could propel the cryptocurrency\u2019s value to new highs.\u00a0 Related Reading: Shiba Inu Burn Rate Spikes By Nearly 200% As Price Recovers Shiba Inu Whale Activity On The Rise Popular doggy-themed cryptocurrency SHIB has recently experienced a massive rise in whale inflows. According to data released by crypto market intelligence platform IntoTheBlock, Shiba Inu experienced a surge of 2,595% in large holder inflows. The cryptocurrency witnessed a substantial surge between Wednesday, February 7, and Friday, February 9, resulting in an impressive spike in inflows from 275.2 billion SHIB to a staggering 2.31 trillion SHIB. Additionally, around Thursday, February 8, and February 9, the Shiba Inu cryptocurrency witnessed another surge, as large holder inflows rose from 1.4 trillion SHIB to 2.31 trillion SHIB.\u00a0 These large gains have marked a notable shift in investor sentiment regarding SHIB, effectively capturing the attention of the broader cryptocurrency market. Lately, there has been an evident increase in whale activities within the Shiba Inu ecosystem. This has led market watchers and investors to closely monitor the token, seeking insights into factors driving these significant whale movements.\u00a0 Shiba Inu&#8217;s marketing lead and influencer, Lucie, has also projected a bullish outlook for the company. According to her post on X (formerly Twitter), Shiba Inu could be one of the major altcoins taking advantage of the 2024 bull run. She explained that when the bull market phase starts and capital pours into prominent cryptocurrencies like Bitcoin and other major altcoins, the momentum will likely extend into Shibarium, potentially triggering a price surge for SHIB.\u00a0 SHIB Sets Course For Potential Price Surge In addition to the rise in whale activities, SHIB has experienced a notable increase in daily transactions and new active users. Data from ShibariumScan reveals a surge in daily transactions from 526,090 on February 9 to 2.04 million on February 11. At the time of writing, daily transactions have dropped slightly, standing at 1.88 million.\u00a0 The surge in large investor purchases and daily transactions could indicate a possible spike in the price of Shiba Inu soon. Usually, a rise in transactional volume signifies an increase in investor interest and adoption of a cryptocurrency, which further contributes to increased demand and potentially impacts market sentiment.\u00a0 According to CoinMarketCap, the price of SHIB is currently at $0.0000095, reflecting an impressive 2.76% gain in the past 24 hours. Crypto previously struggled to keep up with the pace of bullish trends in the crypto market. Related Reading: Shiba Inu On Cusp Of Lunar Launch As 1.3 Trillion SHIB Barrier On Crosshair However, with recent positive developments fueling market sentiment, Shiba Inu may be poised to experience an exponential surge if it can break through key limitations and price resistance.\u00a0 Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"author":594,"featured_media":574812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[83668,84473,91639,87078,83667,84558],"class_list":["post-574810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-shib","tag-shib-price","tag-shib-price-perfomance","tag-shib-whale","tag-shiba-inu","tag-shibusdt"],"acf":[],"yoast_head":"\n<title>Shiba Inu Records 2,500% Spike In Whale Activity, SHIB Price 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