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Cryptocurrency News Articles
April 2025 – Shiba Inu (SHIB) Enters Notable Accumulation Phase
Apr 13, 2025 at 05:07 am
Despite the bearish market sentiment, emerging on-chain data suggests investor confidence in SHIB's long-term potential remains intact.
Shiba Inu (SHIB) has entered a notable accumulation phase following a significant price correction, attracting both large-scale investors (whales) and retail participants. The meme-inspired cryptocurrency has declined approximately 24% over the past two weeks, mirroring a broader market downturn that has erased over $280 billion in global crypto valuation since late March.
However, emerging on-chain data signals that investor confidence in SHIB’s long-term potential remains intact, even as the token faces bearish market sentiment.
Shiba Inu Follows Broader Crypto Market Correction
After peaking at $0.00001566 on March 26, SHIB has faced sustained selling pressure. This price decline aligns with a broader market correction that has affected a wide array of digital assets. Yet, amid the turbulence, accumulation patterns have become increasingly evident—especially from whale addresses and small-scale retail holders.
On-Chain Data: Whale Activity Intensifies
According to IntoTheBlock, wallets holding more than 1% of SHIB’s total circulating supply have added roughly 700 billion SHIB tokens since March 26. These whales now control a combined 575.81 trillion SHIB, accounting for 58.41% of the total supply,
This outsized holding underscores their influence on the token’s price action and liquidity profile.
Retail investors—defined as addresses holding less than 0.1% of SHIB’s supply—have accumulated an even more substantial 1.48 trillion SHIB over the same period. Their collective holdings have now reached 254.84 trillion tokens, reflecting heightened confidence at current price levels.
Interestingly, mid-sized holders (with holdings between 0.1% and 1%) have reduced their exposure, suggesting a divergence in investment strategies, possibly driven by different risk tolerances or market outlooks.
Shiba Inu: Long-Term Projections and Million-Dollar Scenarios
Shiba Inu’s community remains focused on long-term price goals. While speculative, several analysts continue to present optimistic scenarios:
Changelly forecasted in late 2023 that SHIB could reach $0.00009 by 2028.
Analyst Big Mike projected in May 2024 a potential price target of $0.005, representing a 4,080% increase from current levels.
These targets, while ambitious, provide frameworks for strategic accumulation. Based on current pricing around $0.00001196, the path to $1 million in value depends heavily on the assumed price point.
At an optimistic future price of $0.00009, approximately 11.11 billion SHIB would be needed, costing about $132,888.
However, if considering a more bullish outlook with a price of $0.0005, then only 2 billion SHIB—currently valued at $23,920—would be required to reach the same milestone.
These scenarios highlight how current price levels offer lower capital thresholds for potentially significant upside. However, it’s crucial to recognize that such projections are speculative and hinge on future adoption, utility, and broader market sentiment.
Conclusion: Opportunity Amid Uncertainty
The recent dip in SHIB’s price has not deterred investors—instead, it has sparked renewed interest from both whales and retail participants seeking strategic entry points.
While short-term volatility remains high, the sustained accumulation trend suggests a growing conviction in SHIB’s longer-term prospects, especially as broader market turbulence continues to influence crypto prices.
Investors considering entering the Shiba Inu ecosystem should carefully weigh the speculative nature of price forecasts against the potential for exponential returns, and approach accumulation with a balanced risk management strategy.
$SHIB #SHIB
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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