#What’s Next For SHIB?
SHIB, on the other hand, has had an interesting price action in the past 30 days. After reaching a bottom of $0.00002167 on May 13, SHIBB went on a 32% increase to reach $0.0000287 on May 29 before reversing again to bounce off a support at $0.00002379.
The peculiarity of the transfer, coupled with the investor’s successful run with SHIB, has caused many traders to speculate whether this could be an insider or probably one of Shiba Inu’s early team members. On the other hand, the whale’s buying pattern is a much-needed catalyst for an increase in buying pressure amidst a major decline in the SHIB burn rate.