The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency.

Over the last 24 hours, the price of the popular meme coin witnessed a slight uptick of approximately 5%, which drew the attention of investors and traders.

However, as of the time of writing, the cryptocurrency has seen a decline of 2.32% in, resulting in mixed sentiments among its holders.

The minor surge in the price of Shiba Inu was enough to stimulate selling activities among crypto whales – large investors with significant holdings of digital assets.

Such market players are known to have a significant impact on the cryptocurrency market, and their behavior is often closely monitored by other investors.

(by Christian Encila)