Shiba Inu Price Prediction – Is SHIB Preparing for a Breakout?
Shiba Inu price prediction will likely remain bearish unless it breaks above the $0.0000101 level. On October 22, the SHIB/USD pair opened the day at $0.00001002. It has ranged between a high of $0.00001007 and a low of $0.00000992.
Shiba Inu is gaining traction following the announcement that SHIB token holders can now pay for Netflix streaming service subscriptions and Amazon purchases using any of the SHIB ecosystem's tokens.
According to Etherscan.io statistics, the seventh-largest SHIB Whale purchased 96.74 billion SHIB tokens in a single transaction. The data also revealed that this top Shiba Inu Whale had made significant SHIB token purchases in the previous week.
Between October 13 and 21, the top SHIB investor added more than 322 billion SHIB tokens to his wallet, now worth approximately $31.9 million. The Whale purchased 131.63 billion SHIB tokens in a single transaction worth roughly $1.4 million, making it his largest SHIB token purchase to date.
After adding these new holdings, this SHIB Whale now owns 15.63 trillion SHIB tokens, which are estimated to be worth $155 million.
Meanwhile, WhaleStats, a well-known blockchain analytics firm, confirmed via Twitter on October 21 that the top 500 Ethereum Whales continue to own the most SHIB tokens. The price of SHIB has risen in response to the positive news about Shiba Inu.
According to multiple sources, SHIB token holders can now use any of the SHIB ecosystem's tokens to pay for Netflix streaming service subscriptions and Amazon purchases. Payment with SHIB, BONE, and LEASH tokens is also possible with the FCFPay Visa card, which is accepted by Amazon and Netflix.
On October 21, FCFPay, a Canadian cryptocurrency payment gateway, announced that holders of its crypto
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