Shiba Inu Soars or Sinks: The Whales Are Playing Hard to Get

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Ah, the illustrious Shiba Inu-dog coin darling of the crypto kennels-wobbling around in the financial wilderness at a modest 0.0000085. Currently balancing precariously between tedium and potential catastrophe, it’s as if the market itself is in a state of intellectual exhaustion, yet with a twinge of impending chaos. 😅

  • SHIB trades comfortably between a support at $0.0000075 and a resistant wall at $0.0000095, still over 90% shy of its former glory-the crypto equivalent of that distant cousin who used to be famous for a meme and nothing else.
  • Whale transactions above $100,000 are surging, and exchange balances are swelling like a puffed-up pufferfish-either preparing for a big splash or a big crash, nobody’s quite sure. ⚓️
  • Burn rates are spiking faster than a caffeinated squirrel, stirred up by Shibarium and on-chain antics, but the market trend remains as uncertain as a cat in a room full of rocking chairs.

Shiba Inu Price Map

The current price corridor for SHIB ranges roughly from 0.0000075 to 0.0000095. The lower boundary, 0.0000075, provides modest support, while the upper limit at 0.0000095 acts as a stubborn resistance-like a stubborn Irish bartender refusing to give away free drinks.

A daily closing above 0.0000095 might propel us toward the promising peaks of 0.000011 to 0.000012-think of it as the crypto equivalent of finding the last slice of pizza. Conversely, slicing below 0.0000075 could drag us down to the ominous depths of 0.0000070 or even lower, reminiscent of a sad dog with a broken toy.

Volume and Trend

In the grand scheme, 24-hour volume hovers in the low hundreds of millions-enough grit to shake the market but not enough to shake a stick at-less like a tremor and more like a hearty shake. The coin is more than 90% below its all-time high, trapped in a long, slow descent worthy of a soap opera subplot. Every bounce is but a fleeting bubble in this heavy downtrend, with no clear signs of reversal-just hopeful traders playing pin the tail on the trend.

Last month showed a feeble rally-more like a polite cough than a victory cry. The rally’s as subtle as a whisper; bullish traders whisper “early basing,” while bearish ones cry “dead cat bounce” without even a hint of irony.

Whale Flow and On-Chain Activity

Whale traffic is making its presence known-over 400 transactions above 100k dollars flooding the chain in a single day, turning the blockchain into a veritable Marina for mighty fish. Around 1.06 trillion SHIB is shuttling to exchanges-an ominous sign that volatility is building faster than a soap bubble ready to pop. 💥

Burn rates are leaping over 200% on some days, as if the coin is trying to do a magic act-disappearing in plain sight. This on-chain activity, previously as dormant as a hibernating bear, is now stirring, yet the supply is retreating at the edges, making everything as fragile as spun glass.

Bullish Scenario

Should the whales decide to play the hero, they are currently front-running a shift-using their big wallets to wait patiently, like a cat stalking a mouse, ready to squeeze shorts or cause a fireworks show. The price pushing past 0.0000095 with volume suggests an ambition to reach for 0.000011 or even 0.0000125, catalyzed by burns, Shibarium activity, and investor sentiment aligning like a well-rehearsed choir. 🎯

Bearish Scenario

If the big fish decide to turn into big bullies, those same inflows become ammunition for distribution-selling into strength, as the saying (not entirely with respect) goes. The price wicks, falters around 0.0000095 to 0.0000100, then wades into the lower depths of 0.0000070 or less, while on-chain activity dissolves into the ether, leaving memecoin dreams to fade into the morning mist.

Rational Perspective

A savvy trader is currently juggling both maps-bullish and bearish-at once, a sort of financial acrobat with no safety net. Above 0.0000095, with volume swelling, the bullish case gains ground; below 0.0000075, amid persistent whale deposits, the decline seems inevitable. It’s a classic case of “which way will the wind blow?”-and honestly, metaphorically, nobody knows until the deck is dealt.

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2025-12-09 14:22