Prix de Shiba Inu on BaseSHIB

Analysis: The top ten wallets of SHIB, ETH, LINK and TON hold more than 30% of the total Santiment said in a post on X: "Here are the percentages of total supply held by the top 10 largest wallets of the four altcoins with the highest market capitalization in cryptocurrency: S…

Shiba Inu Partners With UAE Ministry of Energy, Boosting SHIB Appeal (Moshed) #Bitcoin $BTC

US Govt Moves 54.9 billion Shiba Inu, But SHIB Could Explode By 130% A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly created wallet. Popular blockchain analytics platform Arkham Intelligence indexed the transaction on December 3. Announcing the move on X, Arkham stated: “ALERT: US GOVERNMENT MOVING $1.5 MILLION OF SHIBA INU.” Specifically, the US government transferred 54,897,092,549 SHIB tokens to the Ethereum wallet ‘0x995’. Following the transaction, the sending wallet—associated with the US government—no longer holds any SHIB tokens. The recipient wallet, now with a total crypto portfolio valued at $33 million, has retained the assets. Notably, the US government acquired these SHIB tokens through the seizure of assets from Alameda Research, the trading firm affiliated with the now-defunct crypto exchange .

Despite a recent bounce, $SHIB's long-term outlook remains bearish. Is this a turning point? 🐕 🔎

It sounds like you're suggesting that $SHIB could be in a consolidation phase, potentially within a specific price range, before experiencing a significant upward movement. This kind of behavior often occurs when the market is absorbing previous gains or losses, and traders are waiting for a clear signal before taking a position. If you're referencing the trend channel scenario, it's possible that $SHIB has been trading within a certain range, forming higher lows or lower highs, which could indicate a breakout once the price reaches a critical point. If this consolidation continues, a major pump could occur if there's enough buying pressure, news, or a broader market shift that pushes it past resistance levels. Have you been tracking any particular resistance or support levels for $SHIB recently?