'Dogecoin Killer' Shiba Inu Whale Transactions Spike 55%: '$100B By 2025,' Predicts Crypto Investor
Portfolio Pulse from Khyathi Dalal
Shiba Inu (SHIB) sees a 55% spike in whale transactions and a 1.4% increase in price, amid broader crypto market optimism. Lucie, Shiba Inu's marketing lead, expressed confidence in the coin's future on X, highlighting its sustained position and development efforts. The Shibarium network launched a new UI update, enhancing user experience and wallet compatibility. Crypto investor Jake Gagain predicts SHIB could reach a $100 billion market cap by 2025, supported by IntoTheBlock and CoinGlass data indicating strong buying demand and market stability.
April 19, 2024 | 3:51 pm
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Shiba Inu (SHIB) experiences a 55% increase in whale transactions and a 1.4% price rise, with predictions of reaching a $100 billion market cap by 2025.
The significant increase in whale transactions and the optimistic market sentiment, as highlighted by Lucie and Jake Gagain's predictions, suggest a strong short-term bullish outlook for SHIB. The Shibarium network's UI update and strong buying demand further support this positive trend.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100