Shiba Inu Price Prediction – Can SHIB Reach $1 Before Dogecoin?
Shiba Inu suffered a dramatic sell-off on Monday evening, with the coin dropping almost 10% in just two hours. SHIB fell from $0.00001074 to a 24hr low of $0.000009976 in the early hours before a small recovery. Currently trading at $0.00001031, SHIB is still more than 4% down on the 24hr chart and more than 8% on the seven-day chart. However, the rash of sales and buybacks saw volume shoot up by 120% to just $280 million. SHIB Holders at the Mercy of Whales? As CryptoNews revealed on Monday, SHIB remains a favorite hold for crypto whales. According to WhaleStats, which tracks the top 5,000 Ethereum whales, SHIB is their biggest hold away from ETH, with a combined value of $135 million. The site also revealed that SHIB had flipped Locus Chain (LOCUS) after a period of accumulation to become their top holding - although that was before Monday's late sell-off. Etherscan data shows one wallet has sold more than 620 billion tokens in less than a month - but bought...