- SHIB just printed a golden cross—often a signal of upcoming price strength—and whales responded with $110M in fresh buys.
- Scottie Pippen publicly endorsed SHIB, adding some high-profile buzz to the already bullish setup.
- While SHIB is still volatile, the mix of whale support and technical momentum gives it strong upside potential near-term.
Shiba Inu (SHIB) is back in the spotlight, and this time it’s not just technical traders watching—it’s whales and even NBA legends. A rare golden cross pattern has just formed on SHIB’s chart, and like clockwork, whales have scooped up a whopping $110 million worth of tokens. Oh, and Scottie Pippen? Yeah, he just gave SHIB a shoutout, too.
The mix of technical momentum and celebrity hype is making Shiba Inu one of the loudest plays in the current market cycle. Volatile? Always. But the bulls might be back.
Scottie Pippen Backs SHIB as Golden Cross Flashes
In a recent post, former NBA star Scottie Pippen listed SHIB alongside major coins like ETH, SOL, and XRP as part of his picks for the ongoing bull run. He even gave a nod to memecoins, including Dogecoin and Ball (aka @GamesBall), showing he’s not just sticking to the blue chips.
Now, here’s where it gets spicy—right around the time Pippen posted that, SHIB’s price chart printed a golden cross. That’s when a short-term moving average crosses above a long-term one, usually hinting at strong bullish movement. It’s a pattern that’s historically triggered some major rallies… and SHIB traders are paying attention.
Whales Pounce on SHIB, Scoop Up $110M
Following the golden cross, whale activity lit up like a Christmas tree. On-chain data shows roughly $110 million worth of SHIB flooded into whale wallets. That’s not your average FOMO—this looks calculated.
These large buys line up with improved technical indicators, suggesting some serious players are betting on a breakout. Analysts are already revising their price models, bumping projections higher as whale support continues to build under SHIB’s price.
Volatility’s Still There—but So’s the Buzz
Let’s be real—this is still SHIB we’re talking about. Volatility is part of the package. Trading volumes have surged lately thanks to Pippen’s endorsement and the golden cross, but that doesn’t mean smooth sailing from here.
SHIB’s price is creeping up toward resistance levels, and if history tells us anything, reversals can be sharp. Still, with whales accumulating and technicals flashing green, bulls have some momentum to ride—for now at least.
So yeah, it’s risky. But it’s also one of the few meme coins right now with real buzz, big buys, and a chart that doesn’t look like a freefall. If you’re in the market for a speculative play that’s heating up, SHIB might be worth watching closely.
