As reported by CryptoPotato, influential social media users and traders are accumulating Shiba Inu, who they believe has strong market potential and technical patterns predict a significant price increase. Key factors that could trigger a rise in SHIB’s price include an increase in the token burn rate, advancements in its Shibarium second-layer solution, and a decrease in the supply of tokens on exchanges. Despite the rapid price increase of Shiba Inu (SHIB) on an annual scale, some analysts still believe that Shiba Inu still represents a good buying opportunity. One such person is X-user Del Crxpto, who has nearly 100,000 followers. He admitted to accumulating a large amount of Meme coins, claiming that he knows “what will happen in the future.” Another well-known trader who recently placed buy orders on Shiba Inu is Ali Martinez. He claimed that the asset’s price trajectory “formed a bull flag” on the daily chart, which raised hopes of a 300% price increase. Rekt Capital and crypto content creator Jake Gagain also put forward bullish predictions. The former predicted a triple-digit price increase, while the latter insisted that “downplaying” Shiba Inu “was a major mistake.”