🐕 Shiba Whales Gobble Up 74% – Market’s Next Chew Toy? 🤑

by

Well, butter my biscuit and call me a hodler! The dog-gone cryptocurrency Shiba Inu is wagging its tail with glee as the big dogs—or should I say, whales—have sunk their teeth into a whopping 74% of the supply. According to the wise folks at IntoTheBlock, these fat cats (or should I say, fat dogs?) are hoarding more SHIB than a squirrel with acorns. 🐿️

Now, these “whales”—addresses so rich they could buy a small country—own at least 1% of the circulating supply. That’s right, they’re the ones with deeper pockets than a kangaroo. 🦘 And what does this mean? Well, it’s either a vote of confidence or a game of hot potato. You decide. 🥔

An increase in whale concentration? Oh, it’s just the big boys flexing their wallets, expecting SHIB to moon. Or maybe they’re just bored and throwing money at the wall to see what sticks. Either way, it’s a sight to behold—like watching a circus act, but with more zeros. 🎪

Now, some of these whales might just be exchanges holding onto SHIB like it’s a lifeline. IntoTheBlock can’t tell the difference between a regular Joe and a smart contract, so take it with a grain of salt—or a whole shaker, if you’re feeling spicy. 🧂

Shiba Hodlers: 79% Strong and Still Clinging to Hope 💎🙌

Speaking of clinging, 79% of Shiba Inu holders are hodling like their lives depend on it. These long-term investors have been holding onto their SHIB for at least a year, probably whispering sweet nothings to their wallets every night. “Hang in there, little SHIB, you’ll moon someday.” 🌕

And let’s not forget Shibarium, the shiny new toy in the Shiba ecosystem. It’s like giving a dog a bone—hodlers are sticking around to see if it’s worth more than a chew toy. 🐾

At the time of scribbling this down, SHIB was trading at $0.00001405, after a sell-off that made it look like a fire sale at a flea market. It dropped for four days straight, hitting a low of $0.00001299 before bouncing back like a rubber ball. Then it settled into a range so tight, it’s like watching paint dry—but with more drama. 🎭

Shiba Inu is now stuck between its moving averages, like a dog caught between two fences. The next big move? Either it breaks free or gets stuck in the mud. Resistance at $0.00001427, support at $0.00001265. Place your bets, folks—will it be a moon shot or a belly flop? 🚀🤸‍♂️

Read More

2025-07-27 17:49