 
 
Thanks to a 29.2% monthly increase, Shiba Inu (SHIB) continues to set the meme coin ball rolling.
A double bottom pattern is igniting part of this bullish momentum, as the 2nd-largest meme coin eyes a 110% surge to $0.000029, according to market analyst Mary Emerald.
A double bottom is a bullish signal that marks strong accumulation, rejection of lower lows, and a confirmed trend reversal, which often triggers sustained upward momentum.
Market analyst Luckside Crypto recently opined that the $0.000022 was on the pipeline.
As social buzz skyrockets by 126%, Shiba Inu continues to hover around $0.00001492, with bullish on-chain metrics emerging.
 
SHIB Whale Accumulation Goes Through the Roof
According to crypto pundit Ayox ETH, “A massive wave of whale accumulation has hit the SHIB market, with on-chain data revealing that large wallets have scooped up a staggering 1.81 trillion SHIB.”
This buying spree represented a 422% daily increase, fueling a bullish technical setup that the token’s price is destined for greater heights.
Growing excitement over Shibarium and AI initiatives in the SHIB ecosystem is reigniting interest, particularly among savvy, whale, and institutional investors.
Meanwhile, the SHIB Army remains relentless in boosting the burn rate, aiming for the psychological milestone of $0.0001.
Source: https://zycrypto.com/shiba-inu-whales-strike-big-with-1-81-trillion-shib-haul-as-110-rally-to-0-000029-looms/