🐋🚀 Shiba Inu ( $SHIB ) Whale Transactions Jump 341%, Price To Follow Suit?

🐋 Shiba Inu whales are making waves as the market experiences bullish momentum. The combined crypto market cap jumped by 6.18% to $2.45 trillion in 24 hours, setting SHIB and other altcoins on a bullish path.

📈 Whale activity has surged with a 341% jump in 24-hour SHIB whale volume, according to IntoTheBlock. Large transactions, defined as those worth at least $100,000, reached $68.02 million. SHIB whales moved a total of 3.73 trillion tokens on-chain, underscoring the token's popularity.

💹 SHIB’s price surged by 11.42% in the past 24 hours, reaching $0.00001923. The token flipped Avalanche (AVAX) to become the 12th largest asset by market cap, a temporary win amid its rally. If whale activity continues, SHIB could push beyond the $0.00002 resistance level.

🌐 Shiba Inu’s ecosystem is evolving, with the Shibarium Layer-2 scaling solution introducing new features, such as a bridge for the Shiboshis NFT collection. Additionally, SHIB's burn portal and other updates aim to fuel long-term growth and competition with Ethereum Layer-2 protocols.

🐶 The future of SHIB looks promising if whale activity and ecosystem development sustain their momentum, potentially driving further price increases in the short term.