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The crypto market took a hit last week, but the whales have since picked up on a buying opportunity. When Bitcoin dipped below $80,000, altcoins Ethereum, Solana, XRP, Cardano, Dogecoin, and Shiba Inu also bled, leading to large investors (“crypto whales”) snapping up altcoins. According to AltcoinBuzz, three in particular caught their eye: Solana’s DeFi trading volume surpassed that of Robinhood, a sign that more traders are moving their activities on-chain. Solana is currently hovering around a critical support level of $125-$135, and if the market turns bullish, SOL could make a run toward $138. Many whales are betting on Solana’s long-term potential, especially since it has strong fundamentals and solid use cases. Related: Meme Coin Mania Fades as Investors Seek Crypto with Substance Hyperliquid, a newer decentralized exchange (DEX), but with high volume and steady growth. Even though it has seen massive sell-off like other altcoins, whales have held strong making sure Hyperliquid bounces back for the long term. With an increasing number of whales holding large amounts of Hyperliquid, a price surge could be in the cards once the market stabilizes. HYPE has gained 12% in the last 24 hours and is now eyeing to break the $15 mark. Related: Ethereum’s Price is Up, But This Analyst Still Sees Trouble Ahead Chainlink saw a mild rebound after a price drop, bouncing from $13.18 to $15.25, and it’s attracting significant whale interest. Crypto analytics firm Santiment reports that Chainlink’s whales continue to accumulate more tokens. In fact, the top five Chainlink holders now own nearly 18% of the total supply. With the growing interest in DeFi and smart contract platforms, Chainlink remains a top pick for institutional investors. Steady accumulation by whales based on their market study makes it an apparent choice for further growth. Not just that, but Chainlink’s role in the expansion of decentralized finance is proven. In short: the smart money always bets on Chainlink. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Shiba Inu (SHIB) continues to face a tough downtrend, despite a slight price increase in the last 24 hours. The key question for investors: can SHIB break out, or is this just a temporary blip? As of press time, SHIB trades at $0.00001276 , a 2.17% increase over the last 24 hours. However, the price remains down 1.15% over the past week. Trading volume stands at $163,987,891, with a market cap of $7.47 billion. Despite the short-term gain, the bigger picture shows ongoing weakness. According to analyst SHIB KNIGHT, the cryptocurrency has been in a steady decline since December 2024, with lower highs consistently forming and blocking any substantial breakout. While a strong support level has emerged near $0.00001250, repeated failures to breach the descending trendline highlight the prevailing bearish momentum. A decisive breakout with significant volume is necessary to confirm a trend reversal; otherwise, investors should be prepared for a potential drop toward $0.00001000. Related: Shiba Inu Faces Adoption Dip, Yet BONE Token Seen as Mirroring XRP, ADA Success Mixed signals abound. The Relative Strength Index (RSI) is at 39.56, indicating weak momentum but not yet reaching oversold conditions. A push above 41.17 could confirm a short-term rebound. The Moving Average Convergence Divergence (MACD) indicator remains slightly negative, with the signal line hovering around zero. This points to a lack of strong momentum in either direction. However, a bullish crossover, where the MACD line moves above the signal line, could signal a trend shift in favor of buyers. Related: Shiba Inu (SHIB) Set for 480% Surge? Analyst Price Target Sparks Hope On-chain activity has seen a significant reduction in SHIB’s circulating supply due to substantial token burns. On March 13, a single transaction permanently removed 459.29 million SHIB from circulation. Smaller burns followed, including 14.62 million SHIB, 13.67 million SHIB, and 12.84 million SHIB in separate transactions. Data from Shibburn , a dedicated tracking platform, reported a 112.85% increase in daily burns, with 1.81 million SHIB burned within 24 hours. However, despite the daily surge, the weekly burn volume dropped by 47.46% to 57.63 million SHIB. While these burns theoretically increase scarcity, their impact on price remains uncertain. With SHIB’s circulating supply still at 590 trillion, a more aggressive burn strategy or higher demand is needed to drive meaningful price appreciation. Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, has been noticeably absent from social media, fueling speculation within the community. His last post on X was on February 21, when he discussed improved liquidity pools on ShibaSwap. Since then, he has only retweeted select SHIB-related content, with the most recent activity on March 7. This silence has led to various theories about his whereabouts. However, SHIB marketing lead Lucie reassured the community that Kusama’s absence is intentional. According to her, he is working behind the scenes on expanding Shiba Inu’s reach, possibly engaging in strategic partnerships. She stressed that his efforts are focused on bringing global awareness to the project. But for some investors, the lack of communication is a concern. Kusama’s sporadic social media presence is not new. In previous instances, he has taken extended breaks before returning with major announcements. In May 2024, after a long silence, he revealed that he had been in the Middle East for business and personal reasons. Additionally, during the holiday season, he mentioned working nearly 20 hours a day on ecosystem development while most were on break. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Shiba Inu (SHIB) , one of the most popular meme coins, has seen wild price swings in the past, but its dream target of $1 per token remains a far-fetched milestone. With the current price sitting at $0.00001279, the token would need an astronomical rally to reach the $1 mark within 30 days. However, traders and investors continue to speculate whether a parabolic surge could take place, especially if market conditions align in its favor. With Shiba Inu showing early signs of recovery after a prolonged downtrend, many wonder if this could be the beginning of a major breakout or just a temporary relief rally. The latest RSI (Relative Strength Index) sits at 39.85, suggesting somewhat oversold conditions, while the MACD (Moving Average Convergence Divergence) shows a slight improvement, hinting at possible bullish momentum building up. The question remains—can SHIB defy expectations and reach $1, or is this an unrealistic target? For Shiba Inu price to reach $1 , the token would require a mind-blowing rally of over 7,800,000% from its current price. This kind of price explosion has never been seen in any major asset within 30 days, making it highly unlikely in such a short timeframe. For SHIB to get anywhere near this level , several factors would need to align. A massive burn mechanism would have to be implemented, drastically reducing the token’s circulating supply. Currently, Shiba Inu’s supply sits at nearly 589 trillion tokens, which makes a $1 valuation impossible unless the supply shrinks dramatically. Additionally, institutional adoption, extreme retail hype, and a major influx of new investors would be necessary to drive exponential demand. Even in previous bull runs, Shiba Inu’s biggest surge only saw it increase by a few thousand percent over months, not millions of percent in a few weeks. While long-term holders may still dream of this milestone, in the next 30 days, the likelihood of SHIB reaching $1 is virtually zero. While $1 is unrealistic, Shiba Inu price still has potential for a short-term rally, given its current price structure. After weeks of downward pressure, SHIB price is attempting to hold support around $0.000012, and if buyers regain confidence, a breakout toward $0.00002 or even $0.00003 is possible. The RSI at 39.85 suggests that selling pressure has weakened, and SHIB could soon enter a recovery phase. The MACD line is also flattening, which indicates that bearish momentum is losing strength. If SHIB can reclaim $0.000014-$0.000015, this could confirm the start of a trend reversal. If Bitcoin and the overall crypto market recover in the coming weeks, Shiba Inu could benefit from positive sentiment, leading to a 50-100% gain in the short term. However, for a bigger breakout, SHIB would need massive whale accumulation, renewed hype, and potential announcements related to Shibarium or token burns. Given current market conditions, a realistic target for SHIB price in the next 30 days is $0.000015 to $0.00002 if bullish momentum strengthens. However, if selling pressure continues, SHIB could revisit $0.000010 or lower, extending its bearish trend. In a bullish scenario, where SHIB successfully breaks above $0.000014 and Bitcoin maintains strength, a rally toward $0.00002-$0.000025 is possible. A meme coin rally driven by retail FOMO (fear of missing out) could accelerate gains, but a $1 price target remains impossible within this timeframe. In a bearish scenario, if SHIB fails to reclaim key resistance levels and Bitcoin drops below $60,000, Shiba Inu could retest $0.000010 before finding a new accumulation zone. While Shiba Inu remains one of the most recognized meme coins , expecting it to reach $1 in the next 30 days is completely unrealistic. The current market structure and supply dynamics do not support such a move, making it mathematically impossible. However, short-term gains of 50-100% are within reach if SHIB can sustain its recovery. Traders looking for a high-risk, high-reward opportunity may find potential in short-term trades, but long-term investors should manage expectations and focus on gradual growth rather than impossible price targets. In the coming month, watch key resistance levels at $0.000014 and $0.00002 to determine whether SHIB can break out or if further downside is likely. While a $1 SHIB remains a meme-driven dream, traders can still take advantage of realistic price movements in the short term.

The meme coin party might be over as investors seem to be shifting from speculative meme coins on to digital assets with strong foundations. Ella Zhang, Head of YZi Labs (a blockchain investment firm), told BeInCrypto that while community-led narratives initially offered more equitable investment opportunities, their popularity has waned due to a lack of solid underlying value. According to Zhang, the initial allure of meme coins is diminishing as the market matures. Investors are becoming more discerning, seeking projects that demonstrate real-world applications and long-term viability. They want to see real value, not just viral trends. Meme coins, such as Dogecoin (DOGE) and Shiba Inu (SHIB), gained prominence primarily through viral internet culture and endorsements from high-profile figures. However, recent analyses indicate a decreasing interest in these assets. Per YZi Labs, meme coin market capitalization has fallen since November 2024. It’s likely that regulatory bodies have also played a role in the meme coin market shift. For instance, the US Securities and Exchange Commission (SEC) recently clarified its stance on meme coins, indicating that these assets are not considered securities. While this removes certain regulatory uncertainties, it also highlights the risks inherent in meme coins, prompting investors to reassess their portfolios in favor of more regulated and stable assets. Zhang views the success of meme coins as destined to be a passing trend. She points out that while 40,000 to 50,000 crypto tokens are created daily, the average lifespan of a liquid meme coin is a mere 1.3 hours, and only about 5% of them achieve a market cap exceeding $10 million. She noted that this doesn’t mean there aren’t any good meme coins but without fundamentals, sustaining value is impossible. For long-term growth, any asset needs either one or multiple underlying services, businesses, products, technologies, or innovations to fuel the price. The diminishing appeal of meme coins seems to reflect a general maturing sentiment within the cryptocurrency market. For instance, Pump.fun, the popular memecoin launchpad hosted on Solana, has seen better days recently. Fewer meme coins that are launched on the site are surviving, as token graduation is at its lowest. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Shiba Inu’s ecosystem has been actively expanding through strategic initiatives aimed at enhancing its utility. However, the recent social media silence from Shytoshi Kusama, the project’s enigmatic leader, has sparked curiosity and speculation among SHIB holders. On February 21, Kusama announced upgrades to ShibaSwap, the project’s decentralized exchange (DEX). This marked his last direct post on X, after which he maintained a low profile, only sharing Shiba Inu-related retweets. Since March 7, the reposts stopped, leaving many in the community wondering about his whereabouts. Despite the speculation, Shiba Inu’s Marketing Lead, Lucie, has reassured the community that there is no cause for concern. “As far as I know, @shytoshikusama is doing exactly what he announced he would,” she stated. The ambassador is working hard around the globe to bring awareness. I’m sure he will have a lot to talk about once he returns to socials.” This isn’t the first time Kusama has stepped away from social media for an extended period. In the past, he has chosen to work behind the scenes, focusing on ecosystem growth rather than daily online engagement. The latest ShibaSwap upgrade introduces significant enhancements, particularly in liquidity pool (LP) management. Users can now create, import, and migrate LPs effortlessly from a single page, streamlining the process and improving the overall user experience. Additionally, the upgrade features a cleaner, more intuitive UI for easy navigation, along with backend optimizations that ensure faster transactions and a more efficient DEX. Shibarium, SHIB’s Layer-2 network, has been operational since August 2023 and is now on track to surpass 1 billion transactions. The increased adoption of Shibarium is expected to enhance transaction efficiency while further integrating SHIB into the broader blockchain space. Notably, a suite of tokens powers the Shiba Inu ecosystem, each serving a distinct function. LEASH is designed to offer special staking rewards and benefits within ShibaSwap, while BONE serves as the governance token that enables the community to vote on proposals. TREAT, the newest addition, focuses on ecosystem governance and utility, further expanding the functionality of the Shiba Inu network. These tokens collectively enhance the ecosystem’s versatility, supporting its long-term growth and adoption. While Dogecoin (DOGE) has seen multiple exchange-traded fund (ETF) filings, no asset manager has yet officially applied with the U.S. Securities and Exchange Commission (SEC) to launch a SHIB ETF. However, optimism remains high within the community, as SHIB’s strong alignment with ESG (Environmental, Social, and Governance) interests, its affordability, which makes it attractive to retail investors, and its massive trading volume and liquidity all strengthen its case for potential institutional adoption. Market analysts predict a significant price increase for SHIB in the coming years. Forecasts for 2025 suggest that SHIB could reach between $0.0001 and $0.0003, driven by increased adoption and ecosystem expansion. Currently, the meme coin is trading at $0.00001253, with a 14.58% decrease in trading volume, reflecting short-term market fluctuations amid long-term bullish projections.