đ Pippenâs SHIB Endorsement Sparks Frenzy: $110M Whale Buys Trigger Golden Cross Surge
Whales are betting big on SHIBâagain. 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 fundamentalsâthis is cryptoâs 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, Pippenâs endorsement adds celebrity fuel to the fire. Because nothing says 'sound investment' like a retired athleteâs tweet.
### Whale Watching 101
That $110M buy-in isnât pocket change. Itâs the kind of move that either screams 'genius' or 'bagholder in the making.' Either way, liquidityâs surging, and retail FOMO is inevitable. Just donât ask how many of these 'whales' are actually leveraged to the teeth.
### The Cynicâs Corner
Ah, cryptoâwhere '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
Pippenâs 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.
This shiba inu Golden Cross pattern coincides with Pippenâs endorsement, and itâs 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.
Whale Activity and SHIB Accumulation
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 Pippenâs endorsement and the Shiba Inu Golden Cross has increased trading volumes significantly right now.
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.