Shiba Inu (SHIB) Suddenly Turns Green as Price Approaches 'Trigger Point'

Shiba Inu (SHIB) regains daily losses after price hit 'trigger point' SHIB ShibArmy SHIBCommunity $SHIB

The SHIB price printed a green candle on Friday, with its price reaching intraday highs of $0.00001336. This is significant, as most cryptocurrencies persisted in their declines. The $0.0000115 to $0.0000127 range has served as a"trigger point" for the SHIB price on at least two occasions, in August and October 2022.According to

data, Shiba Inu was among the top 10 purchased tokens among the 100 biggest ETH whales in the last 24 hours.Shiba Inu retained the biggest token position by dollar value as investors considered its upcoming announcements, especially regarding the Layer 2 Shibarium.The average SHIB balance and value of the holdings of the top 100 Shiba Inu holders tracked by WhaleStats are up 0.126% and 3.65% in the last 24 hours, respectively.

Also, the number of active addresses is up 7.14% for these holders. Along these lines, the total number of Shiba Inu holders has crossed a new milestone, reaching 1,302,910, according to WhaleStats data. Out of this number, a larger majority, or 64%, are long-term holders, or"hodlers," which is a sign of positivity.

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