Is Shiba Inu Going To Witness A Significant Rally, Are The Whales Pointing Towards Something Major?
Portfolio Pulse from Khyathi Dalal
Shiba Inu (CRYPTO: SHIB) has seen a jump of 11% in its past 7-day trading and 6.7% monthly gains. The trading volume of the token has surged 106.6% in the past 24 hours. Shiba Inu is indicating a potential upswing in the market. The memecoin market has recently witnessed significant interest from whale investor activity. Shiba Inu whales reported $300 million worth of Shiba Inu tokens indicating a bullish sentiment on the memecoin. Shibarium peaked at 3.5 million transactions in just two months since its inception, led by a 493% jump in transactions to 62,570 in the past 24 hours. Bone (CRYPTO: BONE) also surged to a 15% price hike this week.
October 27, 2023 | 9:22 pm
News sentiment analysis
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POSITIVE IMPACT
Bone has surged to a 15% price hike this week.
The news indicates a positive sentiment for Bone, with a 15% price hike this week. This could potentially lead to further gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Shiba Inu has seen significant gains and increased trading volume, indicating a potential upswing in the market.
The news indicates a bullish sentiment for Shiba Inu, with significant gains and increased trading volume. This could potentially lead to an upswing in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100