Whale Wars Ignite: Shiba Inu Rockets 156% as $0.000014 Resistance Breaks
Forget Wall Street—crypto's real drama unfolds in the deep. Shiba Inu just staged a jaw-dropping 156% moonshot, and the catalyst? A no-holds-barred whale battle at the $0.000014 frontline.
The memecoin that refuses to die
While TradFi analysts were busy downgrading overleveraged banks, SHIB's retail army watched whales dump eight-figure stacks—only for bigger players to swallow the sell orders whole. Textbook accumulation disguised as chaos.Zero-sum game, infinite volatility
The breakout triggered algorithmic traders to pile in, squeezing shorts into a 48-hour feedback loop. 'Support' and 'resistance' become meaningless when a single anonymous wallet can move the needle 30% in minutes—welcome to decentralized price discovery.Just another Tuesday in crypto
Whether this pumps to new ATHs or collapses under its own illiquidity (looking at you, 2021 Luna), one thing's certain: the suits still don't get it. Their 'risk models' will keep calling this irrational—right up until their pension funds start FOMOing in.
Javon Marks SHIB price prediction tweet with technical chart – Source: X
How Shiba Inu’s Whale Sentiment, Burn Rate, and Shibarium Milestone Fuel Price Surge
Analyst Predicts 156% SHIB Rally
Right now, things are getting pretty interesting for shiba inu price action, and analyst Javon Marks had this to say about the potential:
The shiba inu resistance level at $0.000014 actually represents around 522 trillion SHIB tokens, which makes whale sentiment really crucial for any upward movement. At the time of writing, about 41% of holders are remaining profitable, and this is creating some pressure around this critical zone.
Community Governance Fuels Burn Rate Surge
The Shiba burn rate has reached a whopping level of 157.59% in just the last 24 hours. This has burned about 752,300 tokens with some interesting and captivating community debates taking place as well. The actual spike was caused by these debates, and the upcoming leadership elections. WoofSwap is one of the elements that is being debated actively right now.
Shiba Inu price benefits from this reduced supply through these burns, while Shiba Inu whale sentiment remains somewhat mixed following recent corrections. The Bull Bear Power metric has shifted bearish after five consecutive days of gains, and this is affecting market dynamics.
HOURLY SHIB UPDATE$SHIB Price: $0.00001329 (1hr 0.60% ▲ | 24hr -1.81% ▼ )
Market Cap: $7,830,916,419 (-1.81% ▼)
Total Supply: 589,247,906,764,522
TOKENS BURNT
Past 24Hrs: 752,339 (157.59% ▲)
Past 7 Days: 13,829,470 (-58.71% ▼)
Shibarium Milestone Adds Utility Pressure
Shibarium has actually processed over 1.5 billion transactions with some 267,000 active addresses as we speak. This is creating some more pressure on Shiba Inu price movements. Bitcoin advocate Jeremie Davinci had this to say:
Exchange outflows have exceeded inflows recently, which is reducing selling pressure on Shiba Inu price. The token remains about 85% below its all-time high as i’m writing this piece. Technical signals are, at the same time, suggesting potential reversal if the $0.000013 support can hold.
