June the 9th. Fifty million dollars worth of Shiba Inu, near four trillion tokens, shuffled ’round in a single day. Like dust devils in the Oklahoma panhandle, they spun and danced, leavin’ folks wonderin’ what it all meant. What’s this mean for the price, and the poor souls holdin’ on for dear life?
Shiba Inu’s been stuck, like a jalopy in a mud pit, between a measly $0.00001200 USDT and a wall of resistance at $0.00001418 USDT and $0.00001392 USDT. Bounced a bit earlier in June, but couldn’t climb outta that hole. Just a low spot in the road, leadin’ nowhere good.
The big boys, the whales as they call ’em, hold near three-quarters of all the Shiba Inu. They’re movin’ trillions of tokens, like farmers shiftin’ cattle. Maybe they’re takin’ profits, maybe they’re chasin’ somethin’ shinier. Truth is, near sixty percent of folks are underwater, just prayin’ for a chance to sell without losin’ their shirts. π¬
Things lookin’ grim. Seven-day big-money volume’s up to $860 million, meanin’ folks are either buyin’ or runnin’ for the hills. And the Telegram group? Shrinkin’ like a puddle in the sun. Seems folks are losin’ interest faster than a politician’s promises. π
Short term, expect a bumpy ride. Keep an eye on that $0.00001200 USDT mark. Hold steady there, and maybe some gamblers will jump in. But if it breaks? Could be a freefall all the way down to $0.00001050 USDT.
The whales call the shots. With so much of the pie in so few hands, whatever they do, the price will follow. Watch where their money goes β outta the exchanges, into the shadows β and you might get a warnin’ before the next tumbleweed rolls through.
Without some real buyin’, a surge of volume above $0.00001400 USDT, any rally’s just a dead cat bounce. A twitch before the buzzards circle. π
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2025-06-10 19:43