LIVEDecoding SHIB’s On-Chain Data: Potential Run to Kill a Zero? ↗️
#SHIB ($SHIB ) has topped $245 million in large transactions in the last seven days, pointing to rising crypto whale activity. This has resulted in a short rebound rally for SHIB, mounting to the daily high of $0.00000728, according to CoinGecko.
SHIB held the reclaimed resistance level throughout the day with 3.6% gains, totaling the slight rebound rally to 5% in two weeks. Last week, Shiba Inu slipped away from the bear trap but was rejected twice at the $0.000007 resistance.
At press time, SHIB is changing hands at $0.00000722 with a neutral whale concentration signal, according to blockchain analytics platform IntoTheBlock. The rebound rally is highly influenced by crypto whales, who scooped up 22 billion SHIB tokens on October 19. #crypto2023
All three alternative cryptos in the Shiba Inu Ecosystem benefited from the Monday rally. Shibarium’s gas fee token Bone ShibaSwap (BONE) fetched 1.9% gains in the last 24 hours, while Doge Killer (LEASH) added 0.28%. Shiba Inu’s latest partner, the artificial intelligence and memecurrency fusion Bad Idea AI (BAD), led the race with 14.36% daily profit.
