Shiba Inu Sees 643% Surge: What Does It Mean for its Future?

The cryptocurrency Shiba Inu has experienced a significant surge in large holder activity, marking a 643% increase in netflows, according to IntoTheBlock data. This rise suggests whales are accumulating the token, which could have positive implications for the crypto’s future. However, Shiba Inu faces a crucial test as it attempts to break through resistance at $0.00001371, a level vital to igniting further bullish momentum. If it manages to overcome this hurdle, further gains to $0.000016 and beyond could occur.