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




Impending Price Pattern on the Weekly Chart Sways Shiba Inu Owners


Sat, Aug 06, 2022


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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