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

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.

Although he later bought back 0.8% and sold for $20-$30 million, he admits the early exit cost him a fortune.

At SHIB’s 2021 peak price of $0.00008845, several early investors reportedly saw life-changing …

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