Impending Price Pattern on the Weekly Chart Sways Shiba Inu Owners - Aliens: AI Crypto News & Markets Updates
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Impending Price Pattern on the Weekly Chart Sways Shiba Inu Owners

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Aliens

Sat, Aug 06, 2022

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Shiba Inu has seen the addition of new owners in recent weeks, but the dynamics of its holders' composition by time are changing. Long-term holders are outnumbering short-term spectators, suggesting a shift in investor focus.

Shiba Inu plans to mark its third consecutive positive week since mid-July. It had recorded five positive weeks out of seven since late June when prices collapsed.

The number of large transactions rose 162% in the last 24 hours, indicating that large players may have purchased a high amount of volume.

Source: U Today

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