Shiba Inu Price Prediction: SHIB Price Crashes, But 26 Billion Tokens Just Turned Bullish – Do Whales Know Something Big?

The Shiba Inu price has dropped to $0.00000765 today, marking a 3% decline in a week as the crypto market continues to wobble in the face of ongoing geopolitical concerns.

SHIB’s current price also makes for 9% fall in the past fortnight, and while the meme token is actually up by 7% in the last 30 days, it has suffered a 61% depreciation in the past year.

These are disappointing percentages, yet data from CryptoQuant indicates that exchanges have witnessed outflows of SHIB in the past couple of days, after a period of selling pressure.

In other words, whales may be stocking up on the meme token, something which points to a bullish medium- and long-term Shiba Inu price prediction.

Shiba Inu Price Prediction: SHIB Price Crashes, But 26 Billion Tokens Just Turned Bullish – Do Whales Know Something Big?

If we look at SHIB’s exchange flow data, there was actually an outflow of 58.6 billion SHIB (c. $450,000) yesterday, as well as an outflow of 16.8 billion SHIB the day before.

Last week also saw four consecutive days of outflows, as whales seemingly took advantage of low prices to stock up on the meme coin.

This is arguably very bullish for the Shiba Inu price, although traders should bear in mind that the token’s 24-hour volume is still pretty low, at $105 million today.

However, this potentially sets the stage for one big buy to send the Shiba Inu price flying upwards.

Its chart today suggests that it may need to fall a little further before experiencing a pronounced rally, with its RSI (yellow) on its way towards 30.

Its MACD (orange, blue) has just turned negative after several weeks of positivity, so we may see a rebound once this decline bottoms out.

After bottoming, we could see the Shiba Inu price reach $0.000010 by Q2, before hitting $0.0000250 by H2.

From there, the ongoing growth of the Shiba Inu ecosystem could see it burst out of medium-term ranges and push back towards its ATH of $0.00008616.

SUBBD Presale Lets Users Generate Money with AI and Crypto

In addition to established meme tokens like SHIB, traders may also want to diversify into newer tokens, since these can outpace the market during initial periods of growth.

This can also be the case with presale tokens, with one of the most interesting presale coins available now being SUBBD ($SUBBD), an ERC-20 token that has raised over $1.46 million in its sale.

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SUBBD is about to launch an adult content creation platform that harnesses AI and crypto to provide creators with a better deal.

Its AI tools can help users generate content, including images and videos, and even the AI performers who will star in them.

At the same time, the use of its native token and of the Ethereum blockchain will ensure that payments to creators remain transparent and fair.

Investors can join its sale by going to the SUBBD website, where it currently costs $0.0574825.

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