SHIB News: Shiba Inu Approaches Golden Cross, Creating New Millionaires and Surging in Price

In the ever-evolving world of cryptocurrencies, Shiba Inu (SHIB) has emerged as a standout performer. As the token approaches a golden cross signal, it has already created hundreds of new millionaires and seen a significant price surge.

SHIB Golden Cross Nears—Will You Join the Shiba Inu 358 New Millionaires in 2025?

The emerging SHIB golden cross signal has revolutionized market dynamics as the cryptocurrency approaches a decisive technical breakthrough. Blockchain data unveils how the Shiba Inu token’s exceptional performance created 358 new crypto millionaires this past year. These powerful market movements align with SHIB’s price surge of 53.65%, solidifying its status among the best crypto investments of early 2025. Leading technical indicators point to another wave of potential Shiba Inu millionaires once the golden cross materializes.

Shiba Inu Faces Price Pressure Amid 1Fuel (OFT) Presale Surge

Shiba Inu (SHIB) is experiencing mounting price pressure as investors redirect their focus towards high-growth opportunities. Specifically, 1Fuel's (OFT) presale has surpassed $2.3 million, offering an exclusive 40% bonus for early buyers. With its revolutionary cross-chain technology and privacy-focused DeFi features, 1Fuel is attracting significant investment interest. Meanwhile, Shiba Inu aims to break its December 2024 downtrend and could potentially challenge resistance levels if momentum holds.

Shiba Inu Traders Eye Key Level for Next Buying Opportunity

Shiba Inu [SHIB] appeared to make a bullish structure break on the 4-hour chart ten days ago, but this break has faltered since. The price has retested its local lows twice, leading to a lower timeframe range formation. The 1-day chart revealed a firmly bearish swing structure, with no evidence of a price move beyond the recent lower high at $0.0000196 appearing soon. This indicates that Shiba Inu is set to consolidate within the current range.

Shiba Inu Whales Vanishing: Should Investors Be Worried?

Over the past three months, Shiba Inu [SHIB] has seen a significant 79% drop in whale transactions, sparking concerns about its market position. While this decrease might seem alarming, historical data suggests that whale activity in memecoins often moves in cycles. The decline in large transactions, especially those exceeding $1 million, has nearly vanished compared to peaks in early 2024. SHIB’s price has historically followed whale activity closely, with spikes in large transactions fueling previous rallies. It remains unclear whether this lull is temporary or indicative of SHIB losing relevance.