The total number of Shiba Inu addresses has reached a new summit of all time (ATH), triggering a bullish feeling for the memes play. This has raised the possibility of the price of the shib, which underperformed, witness to a bullish reversal and rallying to new heights.
Shiba Inu addresses increased by 4.6 million
Intotheblock data shows that the addresses of Shiba Inu have increased more than 4.6 million to reach a new summit of all time. The number of addresses has regularly climbed for some time now and quickly took a pace towards the end of last year when the Sancture price reached a local summit of about $ 0.000033.
It should be mentioned that the climb Shiba Inu addresses occurred due to an increase in the number of addresses with zero sales. This refers to the number of portfolios holding zero sampon. Nevertheless, the overvoltage of the number of addresses could still be optimistic for the price of the session, especially since they begin to accumulate the meme piece.
However, another Channel metrics Always provide a lower perspective for the price of the shib. Other intotheblock data show that the “silver” metric is down, because 54% of Shiba Inu holders are out of money. This puts the price of saltering at risk of more sales pressure while these holders seek to reduce their losses.
In addition, the large Shiba Inu transactions are down more than 10%, which is also a drop -in for the price of SHIB. The decrease in the number of large transactions indicates that cryptocurrency does not accumulate the meter part at the moment in the downward trend of the current market. The accumulation of whales is important because it always precedes a price rebound. Likewise, the metric “concentration” is also down, indicating that the current Rorquals Sombing Do not add to their positions but rather unload their parts.
Shib always required to reach a new ATH
Since the beginning of 2025, the price of the shib has continued to underperform, with a loss of more than 26% for the start of the year (YTD). However, Crypto Javon Marks analyst predicted that the Shiba Inu Prix will always reach a new ATH. In a post X, the analyst said that Shiba Inu, in a broader sense, seems to have burst out an extremely notable falling line.
Therefore, the analyst noted that the Shiba Inu Prix could be defined for a race for a new ATH. Brands have added that this race could include an increase of more than 422% to $ 0.00008,841 and even higher.
Meanwhile, it should be noted that in the middle of the downstream measures, Shiba Inu burning rate Provides an optimistic perspective for the price of saltering. The burning rate jumped more than 149% in the last 24 hours, with 35 million sampon burned during this period.
When writing data from CoinMarketCap.
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