Shiba Inu Holders’ Diamond Hands Fuel Rally to $0.00009
On-chain data from Glassnode shows Shiba Inu holders are holding strong, with a 96% 30-day retention rate and 1.53 million wallets accumulating despite a prolonged downtrend. Santiment reports that whales holding over 10 million SHIB have been offloading tokens, driving exchange inflows to 73.73 billion SHIB against outflows of 46.25 billion. Bulls remain optimistic, targeting a new all-time high at $0.00009. Analyst Javon Marks highlights a bullish MACD divergence, forecasting an initial 163% rally to $0.00003 and a potential 570% surge toward $0.000081. At press time, SHIB price stands at $0.00001230, marking a modest 24-hour gain.
Bullish
A 96% 30-day retention rate signals strong holder conviction and reduced sell-pressure, often a prelude to bullish breakouts. While whale sell-offs have increased exchange inflows, persistent retail accumulation has stabilized SHIB price near key support. The identified MACD divergence historically precedes major reversals, and analyst targets of $0.00003 and $0.000081 align with typical memecoin rally trajectories. Similar patterns in past bull runs saw retail ‘diamond hands’ driving prices higher despite whale distribution. Therefore, on-chain metrics, technical setup, and bullish sentiment collectively point to a positive short-term surge and potential longer-term climb toward a new all-time high.