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Benzinga
Benzinga
Business
Khyathi Dalal

Shiba Inu Skyrockets 9%: The 'Real Rally' Is About To Begin, Analysts Say

SHIB Shiba Inu Crypto
Many,Of,Shiba,Inu,Coins,(shib),Are,On,Wooden,Blocks

Shiba Inu (CRYPTO: SHIB) is up 9% on the day, but some market commentators say the “real rally” has yet to begin.

What Happened: Crypto trader Rick Primes shared a cautionary tale: he once held 2.1% of SHIB's total supply (about 21 trillion tokens) but sold early, missing out on nearly $882 million during SHIB's all-time high in October 2021.

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