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🚀 Pippen’s SHIB Endorsement Sparks Frenzy: $110M Whale Buys Trigger Golden Cross Surge

🚀 Pippen’s SHIB Endorsement Sparks Frenzy: $110M Whale Buys Trigger Golden Cross Surge

Published:
2025-07-01 14:33:00
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Whales are betting big on SHIB—again. Just as basketball legend Scottie Pippen throws his weight behind the meme coin, deep-pocketed investors drop a jaw-dropping $110 million into the asset. The kicker? A golden cross just flashed on the charts, signaling potential bullish momentum.

### When Memes Meet Money

Forget fundamentals—this is crypto’s version of a Hail Mary. The golden cross, a technical indicator where the 50-day moving average punches above the 200-day, has traders buzzing. Meanwhile, Pippen’s endorsement adds celebrity fuel to the fire. Because nothing says 'sound investment' like a retired athlete’s tweet.

### Whale Watching 101

That $110M buy-in isn’t pocket change. It’s the kind of move that either screams 'genius' or 'bagholder in the making.' Either way, liquidity’s surging, and retail FOMO is inevitable. Just don’t ask how many of these 'whales' are actually leveraged to the teeth.

### The Cynic’s Corner

Ah, crypto—where 'technical analysis' is just astrology for finance bros. Golden cross or not, remember: past performance guarantees nothing. But hey, at least the memes are free.

Shiba Inu Golden Cross Drives Whale Accumulation and Price Predictions Amid Market Volatility

Scottie Pippen and Michael Jordan Bulls

Source: The New York Times

Pippen’s SHIB Endorsement and also Golden Cross Signal

Scottie Pippen posted on social media about his cryptocurrency picks for the bull run, and specifically mentioned SHIB among his selections. The former NBA champion stated:

Besides Bitcoin, what coins are you watching this BULL run?

I got my picks, $ETH $SOL $BNB$XRP $Ball aka @Game5Ball$ADA $DOGE $SHIB $LINK

What else you got? Drop your crypto picks.

— Scottie Pippen (@ScottiePippen) June 27, 2025

This shiba inu Golden Cross pattern coincides with Pippen’s endorsement, and it’s creating dual bullish momentum at the time of writing. The golden cross occurs when short-term moving averages cross above long-term ones, historically indicating upward price movement.

SHIB technical chart showing golden cross formation

SHIB technical chart showing golden cross formation – Source: TradingView

Whale Activity and SHIB Accumulation

shiba inu shib whale

Source: Watcher Guru

Large investors have accumulated approximately $110 million worth of SHIB tokens, demonstrating confidence in the Shiba Inu Golden Cross signal. This Shiba Inu whale accumulation represents significant institutional interest as whales typically move markets through their substantial purchasing power.

The whale buying activity coincides with improved technical indicators, and this suggests coordinated investment strategies. Shiba Inu price prediction models are being adjusted upward as analysts factor in both the golden cross pattern and also whale support levels.

Market Volatility and also Investment Considerations

Shiba Inu market volatility remains elevated as the token responds to celebrity endorsements and technical signals. The combination of Pippen’s endorsement and the Shiba Inu Golden Cross has increased trading volumes significantly right now.

SHIB price chart with volume indicators

SHIB price chart with volume indicators – Source: TradingView

Traders are monitoring Shiba Inu investment risks closely, as meme cryptocurrencies can experience rapid reversals. However, the current shiba inu price prediction outlook appears optimistic given the confluence of bullish factors.

The Shiba Inu market volatility creates both opportunities and also Shiba Inu investment risks for investors. While the golden cross and whale accumulation suggest upward momentum, traders should monitor for potential corrections as SHIB approaches key resistance levels at the time of writing.

|Square

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