CRYPTO WHALE ON A $SHIB SHOPPING SPREE đ
In crypto land, a whale has been buying up $SHIB like thereâs no tomorrowâŠ
The whale spent 4,849 ETH (~$18.44M) on this purchase.
They have a history of turning $400K into $121M with SHIB (back in 2021). This move suggests theyâre anticipating another big price surge. đźđ°
SHIB ECOSYSTEM BUZZING đŠź
But that's not all: SHIB's ecosystem is buzzing. From Shibarium's network boost to Shibdentity and Sheboshis NFTs, innovation is rampant.
Plus, a $12M funding boost from Polygon Ventures for a privacy-focused Layer-3 blockchain? Confidence is sky-high! đĄïžđž
SHIB CHART - BULLISHLY COILED ! đ
Coming to the chart on the weekly- it looks super coiled. After a strong 360% surge from its lows in early March, it has been consolidating for 3 months now.
The 20 & 50 week EMAs are bullishly crossed & price has tested the major 0.000015-18 region as support.
Overall - with the whale accumulation, and the chart looking coiled - my verdict is bullish in the mid-long term for SHIB.