With 27.4 trillion Shiba Inu tokens $SHIB in circulation, this large amount can significantly impact SHIB’s price, especially as it reaches crucial price levels. Analysts suggest this supply may either drive SHIB’s price up if demand surges or create selling pressure if holders decide to cash out. Currently, Shiba Inu’s price is at a pivotal turning point, with investor actions closely watched to see if they hold or sell these substantial holdings.
Will investors hold onto their SHIB, or is a sell-off approaching?
