SHIB Holds Ground Amid Whale Buys, Burns and AI Boost Rally!

Shiba Inu slips to $0.000007675 (-2%) as whale accumulation and burns bolster support; Kusama’s AI whitepaper sparks a 3.29% bounce amid mixed short- and long-term forecasts

  • Shiba Inu trades near $0.000007675, down about 2% over 24 hours and roughly 54% lower than a year ago.
  • Support for the token has grown through steady whale accumulation and active burns.
  • Shytoshi Kusama returned with an AI whitepaper, sparking a 3.29% price uptick to $0.000007698 and trading volume of about $94.15 million, according to a team announcement at that link.
  • CoinCodex SHIB data shows short-term forecasts ranging from $0.000007654 to $0.00009011 in early projections.
  • Flitpay projects a long-term price target of $0.007653 by 2030.

Shiba Inu is trading around $0.000007675, down about 2% over the last 24 hours and roughly 54% below its price a year ago. Market observers note expanding support driven by steady whale accumulation and token burns, even as broader market pressure persists.

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The project’s lead, Shytoshi Kusama, reappeared with an independent AI whitepaper that the team shared, and the announcement coincided with a short-term 3.29% price rise to $0.000007698 and a trading volume near $94.15 million, as noted in the linked update at that post. Analysts highlighted the reappearance as a sign of ongoing development activity within the ecosystem.

Technical observers cited bullish divergence patterns and targeted areas for a larger breakout. “Price breakout has followed the bullish divergences in $SHIB. An over 246% run to the $0.000032 divergence targeted area can be getting initiated here with the price breakout and additional bull divergence… (Shiba Inu).”

Short-term data from CoinCodex indicates the token may hover near $0.000007654 before potentially rising to roughly $0.00009011 in early projections. Longer-term outlooks referenced by the project include a 2030 target of about $0.007653, as shown in a separate forecast on Flitpay.

All figures and projections above reflect the claims and data presented in the cited links and the project announcement.

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