HomeNewsShiba Inu Faces Volatility: Hype Risks Hit Holders While Whales Accumulate SHIB...

Shiba Inu Faces Volatility: Hype Risks Hit Holders While Whales Accumulate SHIB Amid Fears

-

Shiba Inu (SHIB) has traded in volatile, low price ranges recently, limiting recovery chances. That pattern follows weak price action and persistent online optimism after a post on X by the project’s marketing lead.

Observers say prolonged hype without identifying core issues could harm investor decisions. In a video update, Zach Humphries said “I love the bout of confidence and the positivity and the optimism.”

On-chain flows show SHIB moving off exchanges, signaling continued token accumulation. This trend looks mildly bullish as whales and investors retain holdings (Ed. note: on-chain accumulation does not guarantee future price gains).

Humphries added he believes SHIB can rebound, but investors should remain cautious. He said “SHIB will come back, and strong communities will carry on pushing back to the gains.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

SUI Stabilizes Near Support, Eyes Potential Trend Reversal

The SUI token shows early signs of stabilization after a period of strong selling pressure, consolidating near a key support level. Analysts note the downtrend...

BlackRock buys UNI and links with UniswapX to tokenise BUIDL; UNI jumps 20% as market dips

On Wednesday, Uniswap's token UNI jumped after BlackRock said it bought an undisclosed amount and will work with Securitize to list shares of the firm’s...

House Dems Blast SEC Chair Over Trump-Linked Crypto Case Dismissals At Hearing

Democratic lawmakers accused SEC Chair Paul Atkins of undermining trust in the regulator and the crypto industry during a hearing. They pointed to the agency's...

Dogecoin Falls Below Key Support, Threatening 35% Price Drop

Dogecoin (DOGE) has fallen approximately 4.5% to $0.0089, breaching a crucial long-term support level. Analysts warn this opens the door to further decline, though rising...

Most Popular

spot_img