Shiba Coin Future Prediction: Will the bullish scenario continue even after selling 200 billion SHIB?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Large investors in Shiba Inu Coin (SHIB) have sold all of the tokens they held for two months. This move is perceived as a bearish signal, but the recent price trends still support a bullish outlook.

According to data from Arkham Intelligence, this wallet purchased approximately 20,248,000,000 SHIB through Coinbase Prime about 2 months ago. The purchase price at that time was around $0.00001200, and the estimated value was about $2.4 million (approximately ¥370 million).

Two days ago, this investor is believed to have sold all of their holdings and made a profit of about $200,000.

Technical Indicators and Shiba Coin Future Outlook

This sale of Shiba Inu Coin raises concerns about future declines, but technically, bullish movements are still visible.

Shiba Coin is attempting to retest the upper limit of a descending channel that has formed over the past few months. If a breakout occurs within the next few days, it could rise to $0.00004567 (approximately ¥0.007), and there is also the potential for an increase of over 1000% after a temporary adjustment.

In the last 7 days, SHIB has increased by 14.3%, and the trading volume in the past 24 hours has also risen by 36%. The Relative Strength Index (RSI) has crossed the midline, and if the price exceeds $0.00001600 (approximately ¥0.0025), further highs can be expected.

Shiba Coin Future and Market Environment

The possibility of Shiba Coin’s market capitalization dropping to zero is extremely low. Rather, the latest price trends indicate an upward trajectory, and the market environment is also a factor supporting the bullish sentiment.

Investor sentiment remains focused on meme coins, which are seen as assets that could yield the largest returns within the cycle. The future growth of Shiba Inu Coin will likely hinge on whether it can ride the wave of the bull market.

Focus on Token6900 (T6900)

On the other hand, the emerging meme coin Token6900 (T6900) is generating significant buzz in the market. T6900 is themed around “community-driven,” “nostalgia,” and “vibe liquidity,” and has already raised approximately $1.9 million (about 300 million yen).

This project lacks a clear roadmap and promises. Nevertheless, it is attracting support from investors, and funds are flowing toward a hard cap of 5 million dollars.

The charm of T6900 lies in its unique concept of “those who believe will be rewarded” rather than just planning. It is said that early investors are more likely to achieve greater returns.

👉 For details and purchase of Token6900, visit the official site:

Token6900 Official Site

Summary

The sale of 200 billion SHIB by a large investor caused temporary anxiety in the market. However, the increase in technical indicators and trading volume supports a bullish scenario for Shiba Inu Coin in the future.

Furthermore, interest among investors in emerging meme coins such as Token6900 is rapidly increasing. In the future market, attention will likely be focused on both the stable growth of Shiba Inu Coin and the explosive rise of T6900.

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