ShibArmy Celebrates As New Shiba Inu Whale Buys $50 Million Worth Of Shib

Shiba Inu has been the darling meme currency of the 2021 crypto trend. It generated massive returns for it’s investors but the tides changed for the worse when in October.

Since October 2021, Shiba Inu is down 67% and the Shib Army has now begun to panic. Earlier, the ShibArmy was planning for another rally in the price of Shib to $0.0005 levels but with the current scenario in mind, all the ‘hodlers’ are thinking twice about their positions.

Shiba Inu fell yet another 5% in the last 24 hours adding more pain to the already suffering investors. There is still a sigh of relief in the minds of many who believe in the future of Shiba Inu. Especially the whales have started to jump in on the price drop and add to their position.

ShibArmy Optimistic About The Future

A glance at #ShibaInu on Twitter reveals many ‘Buy The Dip’ tweets along with many others who express their optimism in the ‘Doge-Killer’.

Shiba Inu stands at the 13th position in the World’s Most Valuable cryptocurrencies rankings. At one point of time, it even beat Dogecoin, the biggest meme-coin in the world to rank 9th most valuable crypto. However, Dogecoin quickly reclaimed its dominant position.

Water Guru reported that a whale/group of whales have bought $50,000,000 worth of Shiba Inu in the past 6 hours.

Marathon, Not A Sprint

Under the tweet, the comments were flooded by ShibArmy expressing their optimism and belief in their favorite cryptocurrency.

One Twitter user explained “#Shiba is a Marathon and NOT a sprint!! If you believe in what you’ve heard about #Shib and the #Ryoshisvision of the #Shibainu ecosystem then these dips/drops shouldn’t phase you. Just buy the dips little by little.

What do you think about the whole story? Tell us your thoughts in the comments.

Shaheer is passionate about living a life seeking un-ending knowledge, philomath, as you may think of him. He's a student of Finance and a keen observer of Business and Indian-Political scenario who takes pleasure to pen down his views and opinions on the same. As his guiding mantra to life, ‘Come what may , life goes on’ helps.

Leave a Reply

Clout Newsletter

Subscribe To The Clout Newsletter Below and Get The Best of Clout News In Your Inbox!