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<p>The post <a href="https://coinpedia.org/news/shiba-inu-trader-makes-4-72-million-as-shib-price-surge-180-in-a-week/" rel="noopener noreferrer nofollow">Shiba Inu Trader Makes $4.72 Million as SHIB Price Soars 180%: Can You Be Next?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p><p>In a surprising turn of events, <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> has shot up to the 12th position in market value, and Wall Street analyst Linda Jones couldn’t be more thrilled about her recent investment in this cryptocurrency. SHIB has been creating ripples in the market, outshining even the mighty <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin</a> in the past few days.</p><p>The impressive surge in Shiba Inu’s performance has captured the attention of global investors. In the last 24 hours alone, it has recorded a remarkable 22% gain, propelling its trading price to $0.00002636.</p><h2 class="wp-block-heading" id="h-touching-the-moon">Touching the Moon!</h2><p>Jones’ analysis reveals that this surge follows an explosive rally that began just three days ago, pushing SHIB to a multi-year high with a staggering 177% rally, surpassing the $0.000026 threshold. With a market cap of $14.5 billion, Shiba Inu is now on the brink of challenging the top ten cryptocurrencies.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>Yes, I am a huge fan of <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a>, but in the Be Wealthy &amp; Smart VIP Experience we also invest in other cryptos. Three of our investments are in the Top 10 Performers year-to-date. And it gives me great joy that so far all of them are outperforming Bitcoin. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f642.png" alt="🙂" class="wp-smiley"><a href="https://t.co/mQioYTJ8L3" rel="noopener noreferrer nofollow">pic.twitter.com/mQioYTJ8L3</a></p>— Linda P. Jones (@LindaPJones) <a href="https://twitter.com/LindaPJones/status/1764451170993758271?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 4, 2024</a></blockquote></div></figure><p>Surpassing major players like Polkadot (DOT), Tron (TRX), Chainlink (LINK), Polygon (MATIC), Toncoin (TON), and Bitcoin Cash (BCH), SHIB has its sights set on Avalanche (AVAX) as its next target.</p><p>Also Read: <a href="https://coinpedia.org/news/shiba-inu-skyrockets-170-with-rfk-jr-joining-shib-army-is-it-cryptos-new-movement/" rel="noopener noreferrer nofollow">Shiba Inu Skyrockets 170%, Eyes Top 10 as RFK Jr. and Kusama Fuel Frenzy</a></p><h2 class="wp-block-heading" id="h-diversifying-investments">Diversifying Investments</h2><p>Despite her continued support for <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" rel="noopener noreferrer nofollow">XRP</a>, Jones emphasizes the importance of diversification in the investment portfolio. Three of her crypto investments, including Shiba Inu, are among the top performers on a year-to-day (YTD) scale, surpassing Bitcoin and signaling the potential for significant returns in the crypto market.</p><h2 class="wp-block-heading" id="h-success-stories-in-focus">Success Stories in Focus</h2><p>Lookonchain, a reputable on-chain resource, sheds light on the activities of a Shiba Inu whale. This strategic mover deposited a whopping 365.36 billion SHIB tokens into <a href="https://coinpedia.org/news/binance-ceo-summoned-by-nigerian-house-of-representatives-committee-over-alleged-financial-crimes/" rel="noopener noreferrer nofollow">Binance</a>, resulting in substantial profits and bringing their portfolio to an impressive $7,957,540.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>The <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> price soared over 50% (24H). What happened on-chain in the past 3 days leading to the pump?<br><br>1. Smart trader 0x37d withdrew 75.91B <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> (currently $1.51M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> 2 days ago before the pump, now making $614K (+69%).<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f514.png" alt="🔔" class="wp-smiley"><a href="https://t.co/qknAUOYg82" rel="noopener noreferrer nofollow">https://t.co/qknAUOYg82</a><br><br>2. <a href="https://twitter.com/hashtag/MakerDAO?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MakerDAO</a>… <a href="https://t.co/qwXzW28r1N" rel="noopener noreferrer nofollow">pic.twitter.com/qwXzW28r1N</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1763759623268360637?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 2, 2024</a></blockquote></div></figure><p>Additionally, there’s the success story of a trader who pocketed over $700k from Shiba Inu in just two days of holding SHIB tokens. These instances underscore the lucrative opportunities amid SHIB’s surge, revealing the potential for substantial profits in the cryptocurrency market.</p><p>Read More: <a href="https://coinpedia.org/price-analysis/will-meme-coins-yield-10x-profits-in-march-heres-where-to-invest/" rel="noopener noreferrer nofollow">Will Meme Coins Yield 10x Profits In March? Here’s Where To Invest</a></p><h3 class="wp-block-heading" id="h-what-lies-ahead">What Lies Ahead?</h3><p>With a solid 152% surge in the last month, SHIB’s current price stands at $0.00002287, displaying robust bullish signs. Speculations abound that it could reach $1 before <a href="https://coinpedia.org/price-analysis/chatgpt-prediction-for-bitcoin-price-before-and-after-halving/" rel="noopener noreferrer nofollow">Bitcoin’s halving</a> in April 2024. However, achieving this milestone would demand an astronomical increase of over 43,700 times its current value, posing significant challenges and uncertainties.</p><p>Investors are eagerly watching as Shiba Inu continues its meteoric rise in the crypto world.</p>

Shiba Inu Trader Makes $4.72 Million as SHIB Price Soars 180%: Can You Be Next?

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