Shiba Inu ($SHIB )

The revival in the crypto market has also impacted meme coins. The market capitalization of this segment has increased by 25% over the past week, and large investors have increased their investments in SHIB. On-chain data shows that large wallets holding between 10,000 to 1 million tokens have acquired 340 million SHIB. They now own 145.06 billion SHIB — a record amount.

The SHIB token has risen by 15% over the same period and is trading at $0.0000132. If the bullish trend continues, the token could reach $0.0000146 in the near future. If sellers become active, the price of the meme coin could decrease to $0.0000137.

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