Analyzing why Shiba Inu [SHIB] remained undervalued despite 37% gains

On-chain data showed that Shiba Inu was an undervalued token despite its latest uptick. The activities of Ethereum whales suggested that SHIB could be a long-term play. Shiba Inu’s [SHIB] performance in the last 30 days seemed to have erased the memories of the memecoin’s abysmal performance in 2022. During the said period, SHIB recorded … Read more

ETH whales start favoring Shiba Inu, but can it sustain the rally?

ETH traders maintained a healthy appetite for SHIB at a critical time. SHIB experienced a strong surge, but the bears might be right around the corner. Shiba Inu [SHIB] is having one of its most important weeks in the recent past, mostly courtesy of Shibarium. This may have renewed investor interest, triggering more demand, which … Read more

SHIB’s short-term movement could give investors reason to celebrate

Shiba Inu’s demand from whales saw an upside as the market anticipated the next move However, the demand was not enough to push a sizable upside Shiba Inu [SHIB] has been docile since the start of December, with barely any noteworthy developments. However, fans of the crypto token will be happy to know that it … Read more

Shiba Inu: Ethereum whales keep the faith but what does SHIB have to show

Ethereum whales total accumulation of Shiba Inu was a huge $75.28 million, far ahead of their other holdings SHIB’s performance has been nowhere near impressive despite the attention gained. Short-term consolidation likely, and possible respite in the long-term. Fourteenth-ranked cryptocurrency, Shiba Inu [SHIB] has been unable to repay the faith Ethereum [ETH] whales have in … Read more

Shiba Inu: Here’s what all that whaling around is doing to SHIB

Shiba Inu and Ethereum whales have developed a profound relationship recently. With the famous meme token available at discounted prices, whales have been busy with accumulation. Several whales have been buying SHIBA tokens in huge amounts.  Who’s a good pup? The latest of which is “BlueWhale0073” who purchased 86,740,251,500 SHIB tokens worth $1,015,728. This giant … Read more

SHIB, ETH twerking as Reddit attributed buy calls look for new resistance level

After days of floundering in the red after Bitcoin fell below the $40k mark, the crypto market finally turned green once more. Naturally, many investors are wondering if now is a good time to stack some stats, collect some more diamonds, or add new dogs to their kennel. Greener on the other side? Santiment data … Read more

CoinMarketCap finally reaches out to SHIB devs to fix ‘wormhole’ contract issues

It’s been quite the drama for a certain cryptocurrency over the past couple of days – Shiba Inu (SHIB) – with its vocal community part of an intense commotion on Twitter. In fact, SHIB’s community was in an online spat with CoinMarketCap and, it didn’t hold back. As one may know, SHIB incorporates only the … Read more

Ethereum, Shiba Inu, Algorand Price Analysis: 19 December

While the Bitcoin fear and greed index saw a 6 point surge in 2 days, the bulls gained some motion as Bitcoin and Ethereum were up by more than 2.5% over the past 24-hours. However, Shiba Inu bulls struggled to trigger an uptrend after the bears breached the 61.8% Fibonacci support. Ethereum (ETH) TradingView, ETH/USDT … Read more