April 2025 – Shiba Inu (SHIB) has entered a notable accumulation phase following a significant price correction, attracting both large-scale investors (whales) and retail participants. The meme-inspired cryptocurrency has declined approximately 24% over the past two weeks, mirroring a broader market downturn that has erased over $280 billion in global crypto valuation since late March.
Despite the bearish market sentiment, emerging on-chain data suggests investor confidence in SHIB's long-term potential remains intact, as accumulation accelerates across key investor classes.
Market Context: SHIB Follows Broader Crypto Market Correction
After peaking at $0.00001566 on March 26, SHIB has faced sustained selling pressure. This price decline aligns with a market-wide correction that has affected a wide array of digital assets. Yet, amid the turbulence, accumulation patterns have become increasingly evident—especially from whale addresses and small-scale retail holders.
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On-Chain Data Signals Strategic Accumulation
Whale Activity Intensifies
According to IntoTheBlock, wallets holding more than 1% of SHIB’s total circulating supply have added roughly 700 billion SHIB tokens since March 26. These whales now control a combined 575.81 trillion SHIB, accounting for 58.41% of the total supply, underscoring their outsized influence on the token’s price action and liquidity profile.
Retail Investors Increase Exposure
Retail investors—defined as addresses holding less than 0.1% of SHIB’s supply—have accumulated an even more substantial 1.48 trillion SHIB over the same period. Their collective holdings have now reached 254.84 trillion tokens, reflecting heightened confidence at current price levels.
Interestingly, mid-sized holders (with holdings between 0.1% and 1%) have reduced their exposure, suggesting a divergence in investment strategies, possibly driven by different risk tolerances or market outlooks.
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Long-Term Projections and Million-Dollar Scenarios
Shiba Inu’s community remains focused on long-term price goals. While speculative, several analysts continue to present optimistic scenarios:
Changelly forecasted in late 2023 that SHIB could reach $0.00009 by 2028.
Analyst Big Mike projected in May 2024 a potential price target of $0.0005, representing a 4,080% increase from current levels.
These targets, while ambitious, provide frameworks for strategic accumulation. Based on current pricing around $0.00001196, the path to $1 million in value would require:
11.11 billion SHIB, costing approximately $132,888, assuming a future price of $0.00009.
Alternatively, with a more bullish outlook of $0.0005, only 2 billion SHIB—currently worth $23,920—would be needed to reach the same milestone.
These scenarios highlight how current price levels offer lower capital thresholds for potentially significant upside. However, it’s important to recognize that such projections are speculative and depend on future adoption, utility, and broader market sentiment.
Conclusion: Opportunity Amid Uncertainty
The recent dip in SHIB’s price has not deterred investors—instead, it has sparked renewed interest from both whales and retail participants seeking strategic entry points. While short-term volatility remains high, the accumulation trend suggests a growing conviction in SHIB's longer-term prospects.
Investors considering entry should weigh the speculative nature of price forecasts against the potential for exponential returns, and approach accumulation with a balanced risk management strategy
