CRYPTO WHALE ON A $SHIB SHOPPING SPREE 🐋

In crypto land, a whale has been buying up $SHIB like there’s no tomorrow…

The whale spent 4,849 ETH (~$18.44M) on this purchase.

They have a history of turning $400K into $121M with SHIB (back in 2021). This move suggests they’re anticipating another big price surge. 😮💰

SHIB ECOSYSTEM BUZZING 🦮

But that's not all: SHIB's ecosystem is buzzing. From Shibarium's network boost to Shibdentity and Sheboshis NFTs, innovation is rampant.

Plus, a $12M funding boost from Polygon Ventures for a privacy-focused Layer-3 blockchain? Confidence is sky-high! 🛡️💸

SHIB CHART - BULLISHLY COILED ! 📈

Coming to the chart on the weekly- it looks super coiled. After a strong 360% surge from its lows in early March, it has been consolidating for 3 months now.

The 20 & 50 week EMAs are bullishly crossed & price has tested the major 0.000015-18 region as support.

Overall - with the whale accumulation, and the chart looking coiled - my verdict is bullish in the mid-long term for SHIB.