- Shiba Inu (SHIB) surges 67% in a week, nearing its all-time high (ATH).
- Whale trading, token burning, and growing interest drive SHIB’s bullish momentum.
- Vantard Meme Index Fund ($VTARD) offers exposure to top meme coins with minimal risk.
As the crypto market surges on Donald Trump’s reelection, Shiba Inu (SHIB) is quickly soaring towards its all-time high (ATH), fueled by significant whale activity and growing investor confidence.
At the same time, a new player in the meme coin space, the native token of a revolutionary Meme Index Fund (VMP), is generating buzz, with its promise of capturing the explosive returns of meme coins like SHIB.
As global liquidity increases and meme coins dominate the market, both SHIB and the new meme portfolio coin are gaining attention for their potential to deliver life-changing returns to investors.
Current Bull Run expected to push Shiba Inu price to its ATH
Shiba Inu has become a household name in the crypto world, and its recent bull run has sparked fresh market speculations about its future potential.
At press time, SHIB was trading at $0.00002926 following a 67% surge over the past week and an astounding 224% rally over the past year.
The latest Shiba Inu price movements have been influenced by several factors, including massive whale trading activity and increasing interest in meme coins. Notably, on-chain data from Etherscan shows that a savvy whale recently made a $2.85 million profit by selling 100 billion SHIB coins, while still holding a massive 2.5 trillion SHIB worth $75.2 million, highlighting the growing market confidence in the coin’s future potential.
The renewed interest in SHIB has coincided with a broader bullish trend in the meme coin market, driven in part by the rise of other notable tokens and an overall increase in market liquidity.
With Bitcoin’s recent price surge and growing risk appetite in the market, many crypto enthusiasts are positioning themselves for another potential wave of explosive growth in meme coins, with SHIB at the forefront of this movement.
The burning of nearly half a billion SHIB coins has further amplified the bullish sentiment, as decreased supply often leads to price appreciation.
Investors are eyeing SHIB closely, believing that the coin could break through previous resistance levels and reach new ATHs in the near future. Given the coin’s…