Shiba Inu Whale Snaps Up 220 Billion Tokens – $1 SHIB Possible?
Shiba Inu (SHIB) has been experiencing significant growth since the beginning of 2025, benefiting from a widespread rally in the cryptocurrency market leading up to the inauguration of the pro-crypto Trump administration on January 20th.
The price of SHIB recently reached slightly above $0.000024, marking a 14% increase over the past three days. However, a recent surge in whale activity indicates the potential for further upside this month.
According to Lookonchain, a whale withdrew 220 trillion SHIB tokens valued at $4.6 million after being inactive for five months earlier this week.
Whales are often considered as “smart money” that enter the market when prices are favorable, the risk-reward ratio is appealing, and the possibility of a short-term rally is high. Therefore, some may interpret this recent move by the whale as a signal to buy.
Furthermore, chart analysis also suggests a positive outlook for the Shiba Inu price in the near future. Over the past two weeks, SHIB has shown strong support at its upward trend from the lows of the summer of 2024. Additionally, it recently experienced a significant rebound from its 200-day moving average last month and, on Friday, rose to test a crucial resistance level around $0.000024. Based on simple chart analysis, a recovery to the highs of December in the $0.000033 range seems likely.
Fundamentally, there are arguments supporting the case for further growth in the upcoming weeks. With the incoming pro-crypto Trump administration set to take office in just over two weeks, it signals a new era for the US cryptocurrency industry and markets as a whole. There is optimism that Trump or Congress may establish a strategic Bitcoin reserve, which could initiate a global accumulation trend and inject substantial liquidity into the crypto markets.
Moreover, a favorable regulatory environment for cryptocurrencies could foster rapid adoption of major altcoins, such as Ethereum. This could lead to increased inflows into Ethereum ETFs, benefiting not only the Ethereum ecosystem but also meme coins like Shiba Inu (SHIB) or Pepe (PEPE). The resurgence of the meme coin season could occur at any moment, and as one of the prominent coins in this space, SHIB stands to gain significantly.
As for the potential growth of SHIB, its market capitalization currently stands at around $14 billion, as per CoinMarketCap, still down by over 70% from its peak in 2021. A fourfold increase back to its previous highs is plausible as the current bull market progresses. Whether SHIB can surpass its previous highs and reach a market cap of approximately $100 billion remains uncertain.
Shiba Inu boasts a large and devoted investor community, along with a substantial and expanding web3 ecosystem, justifying its current market capitalization. However, achieving a market cap of $100 billion would require the crypto markets to become highly emotional and irrational, a scenario that seems distant at the moment. For those looking to potentially gain tenfold returns or more in meme coin markets, investing in newer, smaller, and less-known meme coins with significant growth potential might be a better strategy.
Analysts at cedifiloop.com believe that Flockerz (FLOCK), a new DAO-powered vote-to-earn meme coin, could offer substantial upside potential. The FLOCK presale has already raised over $8.6 million, indicating strong demand and suggesting that this meme coin could see significant growth upon its launch.
Please note: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes only and should not be considered as investment advice. There is a possibility of losing all invested capital.
