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Is it possible to buy SHIB for 1 Dollar?
SHIB has been on the rise since 2025, taking advantage of the cryptocurrency market boom before the crypto-friendly Trump administration took office on January 20.
In the last three days, the SHIB price has increased by 14% to just above 0.000024 dollars, but whale activity this month shows additional potential.
According to Lookonchain, a whale withdrew 250 trillion SHIB tokens worth 4.6 million dollars this week, five months later.
When pricing, risk-reward, and short-term profit are favorable, whales are considered as "smart money" buyers.
Some may see this whale's final move as a buying signal.
Shiba Inu chart also shows more upward movement.
The charts also predict an increase in the price of Shiba Inu this weekend and in the coming months. Its rise from the low levels in the summer of 2024 has been supporting it for the past two weeks.
After recovering from its 200DMA last month, it tested the $0.000024 resistance on Friday.
Therefore, simple chart analysis means a return to the $0.000033 peaks in December.
Shiba Inu Balina bought 220 Billion Tokens
Foundations may support another rise in the coming weeks.
Within two weeks, the crypto-friendly Trump administration will take over the White House and usher in a new golden age for the US crypto sector and markets.
The creation of a strategic Bitcoin reserve by Trump or Congress could lead to a global accumulation ratio and transfer a large amount of money to the crypto markets.
Crypto-friendly regulations encourage rapid adoption of cryptocurrencies and the adoption of major cryptocurrencies such as Ethereum.
Meme coins in the Ethereum ecosystem such as Shiba Inu (SHIB) and Pepe (PEPE) may benefit from increasing Ethereum ETF entries.
SHIB, one of the best meme coins, will benefit if the meme coin season returns at any time.