SHIB Holds the Line
Shiba Inu (SHIB) is holding steady today at $0.00001443, weathering the usual meme market chaos while hinting at something bigger. On the charts, it’s forming a symmetrical triangle yes, the classic “we’re-about-to-do-something” pattern. If it plays out, we’re looking at a possible 17% move, according to analysts watching the 4H closely.
Whales Smell Opportunity
Smart money seems to be waking up. Whale wallets have scooped up over 34 trillion SHIB, moving it off exchanges and into cold storage. Translation: they’re planning to hold, not dump. SHIB’s burn rate is also back on the rise, pushing the “supply shock” narrative that diehards love to chant in Twitter threads.
Shibarium TVL Surges
Over in the Shiba ecosystem, Shibarium the project’s Layer-2 network is picking up steam. Its TVL just passed $4.5M, boosted by rising DeFi interest and new projects building on it. For once, people are talking about actual use cases, not just the meme.
Final Take
Shiba Inu isn’t spiking today, but all signs point to a potential breakout. The setup is there technical pattern, whale accumulation, and ecosystem growth. If SHIB clears the triangle, expect volume to follow. For now, the dog’s not barking… but it’s definitely listening.