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Topic: Ethereum whales bullish on Shiba Inu price - page 2. (Read 263 times)

legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 15, 2022, 10:35:37 AM
#5
When the whale has been moving and this could be considered as a signal. It seems like that bitcoin will be bullish again if the whales already accumulated more shiba inu to his pocket. Im thinking if this is another signal from the whale about the next bullish market. Another possibility of the whales are paying the news to create FOMO for shiba inu and then people will be preparing their money to follow him.
I think that it seems like that the time for shiba has almost come to be pumped again. I see that bitcoin is not getting moved but altcoins are turning into the green again.

I see that some whales are also accumulating another altcoin like matic other than shiba inu.
full member
Activity: 1820
Merit: 107
February 15, 2022, 10:10:14 AM
#4
Whales are bullish on Shiba Inu? of course why not they have a large investment in it. that's why they are very optimistic about it. the problem is if those so-called whales are going to dump their holdings Im sure that the market cannot absorb it and it will result in a massive price dump and many will be affected. that's why it is better to observe first before doing it and if somebody wants to gamble then it's your call good luck!   
sr. member
Activity: 2436
Merit: 343
February 15, 2022, 09:37:32 AM
#3
Ohh, this person tries to manipulate the price of Shiba Inu and it believes that he will be the one who sold them once the price spikes high. I can't even believe that people will still think that it wasn't a trick as it is obvious it was.

Don't get tricked with this idea or else, you'll become a victim. Coz if that possible that the price of this coin will gain another high, that for sure it comes during the bullish season, not this time. So I don't think about buying them after seeing this huge investment, it wasn't looking good anyway.
hero member
Activity: 2562
Merit: 577
February 15, 2022, 09:01:34 AM
#2
Quote
This is whales is gonna be the first to sell off too once the price increase another 100% in a single day due to retail investors pump leaving small time trader holds the SHIB tokens of whales that sell-off. The metaverse news in Shiba Inu is purely just a hype move. Twitter hype and leeching DOGE fame is not working anymore which leads to this kind of idea just to get again the spotlight from meme coins blind followers.

Shiba Inu is definitely one of the dangerous coin trade since it's really famous and most of the whales is already position on very low price. Good luck with that!

No doubt about it, they are doing this to create fomo and pump the price to their desired amount before they dump on fomo buyers, if they are accumulating for long term it would have been better for the shiba inu holders but that is not the case, there are hype in every project, only few people know how to take advantage of it, and projects like shiba has always base on hype to keep the momentum goin, i don't know if there is any utility behind the project that will preserve price value long term so this is probably the only way to awaken awareness.
hero member
Activity: 2408
Merit: 693
SecureShift.io | Crypto-Exchange
February 15, 2022, 08:33:26 AM
#1
      "Ethereum whales buy $20 million in Shiba Inu, anticipating a bullish breakout"

Ethereum holders have accumulated $20 million worth of Shiba Inu through the recent bloodbath. Analysts believe Shiba Inu could recover from its price drop and rally towards its target of $0.000035.



Based on data from WhaleStats, Ethereum’s large wallet investors, whales, have added $20 million worth of Shiba Inu to their portfolio. Whales have consistently scooped up Shiba Inu during crypto market bloodbaths, fueling a bullish outlook on the Dogecoin-killer.
The total Shiba Inu holdings of Ethereum whales now stand at $1.79 billion worth of SHIB. Shiba Inu has consistently constituted nearly 17% of Ethereum whales’ portfolio.

According to proponents, the news of Shiba Inu’s metaverse project, Shiba Lands is another bullish catalyst. Despite bullish catalysts, the Dogecoin-killer’s price is struggling to recover from the recent drop in price.

Cryptocurrency analysts at the YouTube channel CryptoTD evaluated the Shiba Inu price trend and predicted that after crossing the key level of $0.00002950, the memecoin has remained above moving averages. The analysts are bullish on the Shiba Inu price rally and set a $0.000035 for the memecoin, a 12% climb for the current level.

FXStreet analysts believe the Shiba Inu price trend could show signs of strength. The target for Shiba Inu price is $0.00005. Analysts argue that the point figure chart of Shiba Inu, used to predict price movements without considering time, shows no signs of a pullback.
 
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Will this news create fomo on the Shiba Inu project to cause a possible breakout for a price pump? Although, I do not hold any shib token I know some forum members do so am sharing this news for them to read and understand their position as a holder.
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