Shiba

2024

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Shiba Inu

<ul>
 <li>Shiba Inu ecosystem saw heavy blockchain activity as 2 whales bought $35.2 million SHIB.</li>
 <li>Analysts share the expectation of a 4X price pump leading to $10 DOGE price.</li>
 <li>SHIB and DOGE are high contenders to see massive price pump this crypto bull cycle.</li>
</ul>
<p>Memecoin legends <a href="https://shibatoken.com/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> and <a href="https://dogecoin.com/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> catch the eyes of the crypto market this morning. While SHIB saw massive whale activity, DOGE gained traction over new insights for possible 4X in price value.</p>
<p>In detail, Shiba Inu (SHIB) transitions showcases 9 wallets held by two whales that just completed massive SHIB purchases. Specifically, these whales spent $35.2 million to buy 1,356 trillion SHIB at an average price of $0.00002596.</p>
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   <p lang="en" dir="ltr">What a crazy buy!<br><br>9 wallets(2 whales) spent $35.2M to buy 1.356T <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> at an average price of $0.00002596 in the past 12 hours!<br><br>Address:<br>0xFB67EF6fE609edAb1e0595e6815634E8E4db9cF7<br>0xb2f1956eAE0817dB73C4D542A4861eE485B7e7c6<br>0x607C26c976272459A0896065E03a9b70C0Ef04B5… <a href="https://t.co/yfSUyFSLQy" rel="noopener noreferrer nofollow">pic.twitter.com/yfSUyFSLQy</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1798378865586516439?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 5, 2024</a>
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<p>Responses to these transactions seem interested by this monumentally huge SHIB buy. While some are disappointed that there was no massive price spike caused by the big buy, others contemplate if this is a possible SHIB ETF move by a major entity like BlackRock.&nbsp;</p>
<p>Meanwhile, others view this as a sign that SHIB price could explode in the near future. The golden phase of the crypto bull cycle is yet to arrive and many memecoins and altcoins are expected to pump drastically.</p>
<p>Despite a low price pump, the SHIB ecosystem did go up in terms of daily transactions. In particular, SHIB <a href="https://cryptonewsland.com/shiba-inu-soars-daily-transactions-hit-135m-price-surges/" target="_blank" rel="noopener noreferrer nofollow">daily transactions hit $135 million</a> where the transactions surged by 99%. This is likely because the ecosystem exceeded the <a href="https://cryptonewsland.com/shiba-inus-anticipated-shib-burn-a-catalyst-for-price-surge/" target="_blank" rel="noopener noreferrer nofollow">burn rate by 10,000%</a> two days ago.</p>
<p>As for Dogecoin (DOGE), one analyst shares their DOGE price action observations and price prediction saying DOGE price could see a 4x to new all-time highs. He also adds that the DOGE price could exceed expectations this cycle.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> (Dogecoin) – <br><br>The trend says a more than 4X to New All Time Highs and perhaps much, much greater!<br><br>According to this breakout trend, a &gt;$10 DOGE may be on the way… <a href="https://t.co/eVpDwynejx" rel="noopener noreferrer nofollow">https://t.co/eVpDwynejx</a> <a href="https://t.co/dChytYPZo3" rel="noopener noreferrer nofollow">pic.twitter.com/dChytYPZo3</a></p>— JAVON <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;">MARKS (@JavonTM1) <a href="https://twitter.com/JavonTM1/status/1798344217565274609?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 5, 2024</a>
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<p>Many popular faces in the crypto community have been advocating for an epic DOGE price pump this crypto bull cycle. DOGE is known as the king of memes and many believe it will not miss the bull run. So much so, that the price of DOGE could even hit $10.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/doges-imminent-bull-surge-are-you-ready-for-the-100x-explosion/" rel="noopener noreferrer nofollow">DOGE’s Imminent Bull Surge: Are You Ready for the 100x Explosion?</a></li>
 <li><a href="https://cryptonewsland.com/dogecoins-path-to-1-altcoins-resurge-amid-market-challenges/" rel="noopener noreferrer nofollow">Dogecoin’s Path to $1: Altcoins Resurge Amid Market Challenges</a></li>
 <li><a href="https://cryptonewsland.com/doges-price-analysis-july-forecasts-0-70-rally-dont-miss-the-crypto-wave/" rel="noopener noreferrer nofollow">DOGE’s Price Analysis: July Forecasts $0.70 Rally, Don’t Miss the Crypto Wave</a></li>
 <li><a href="https://cryptonewsland.com/memecoins-take-over-doge-and-shib-in-competition/" rel="noopener noreferrer nofollow">Memecoins Take Over: DOGE and SHIB in Competition</a></li>
 <li><a href="https://cryptonewsland.com/heres-the-person-behind-the-ongoing-crypto-pump/" rel="noopener noreferrer nofollow">Here’s the Person Behind the Ongoing Crypto Pump</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/shib-sees-massive-whale-activity-while-analyst-predicts-4x-price-pump-for-doge-leading-to-10-doge-price/" rel="noopener noreferrer nofollow">SHIB Sees Massive Whale Activity While Analyst Predicts 4X Price Pump for DOGE Leading to $10 DOGE Price</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

SHIB Sees Massive Whale Activity While Analyst Predicts 4X Price Pump for DOGE Leading to $10 DOGE Price

Crypto News Land

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