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Shib Golden Cross Nears—Join 358 New SHIB Millionaires?

By WebDeskFebruary 22, 20253 Mins Read
Shib Golden Cross Nears—Join 358 New SHIB Millionaires?
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The emerging SHIB golden cross signal has revolutionized market dynamics as the cryptocurrency approaches a decisive technical breakthrough. Blockchain data unveils how the Shiba Inu token’s exceptional performance created 358 new crypto millionaires this past year, transforming the Shiba Inu rich list. These powerful market movements align with SHIB’s price surge of 53.65%, solidifying its status among the best crypto investments of early 2025. Leading technical indicators point to another wave of potential Shiba Inu millionaires once the golden cross materializes.

Also Read: Jim Cramer’s Take on Nvidia and 2 Must-Buy Stocks for 2025

Shib Golden Cross & Rising Millionaires: What’s Next for SHIB?

Shiba Inu Golden Cross
Source: Watcher Guru

Millionaire Addresses Surge by 60%

The explosive growth in SHIB millionaire addresses has catalyzed some market confidence, and as a result eneded up skyrocketing from a value of 589 to 947 in just twelve months. Blockchain analytics reveal that high-value investors, particularly those that are holding over $10 million in SHIB, increased from 59 to 69 addresses. This concentrated whale activity strengthens the growing market sentiment, and is establishing its position among premier crypto investments.

Also Read: Litecoin (LTC) Transactions Surge 200%, Is a Major Rally to $200 Next?

Technical Indicators Point to Bullish Movement

SHIB holders info
Source: CoinCarp

The highly anticipated SHIB golden cross formation gains some momentum as the 50-day moving average closes in on the 200-day line. Advanced market analysis pinpoints critical resistance levels at a value of $0.00001900 and $0.00002100 that must be conquered in order for the sustained upward momentum to continue. There are some trading patterns that prove the strategic accumulation by institutional investors before the golden cross emerges.

top 10 Shiba Inu Holderstop 10 Shiba Inu Holders
Source: CoinCarp

Shifting Investment Patterns

Cutting-edge market metrics reveal long-term SHIB holders increased by 1.29% since mid-2022, while mid-term investors surged by 11.79%. The dramatic shift in investor behavior becomes clear as short-term traders plummeted by 59.05%. The SHIB golden cross indicator continues drawing intense interest from established Shiba Inu rich list members.

Also Read: Donald Trump’s Bold Plan for US Crypto Regulation—Could Bitcoin Reserve Be the Future?

New Address Creation Slows

SHIB/USDT chart showing the approaching golden crossSHIB/USDT chart showing the approaching golden cross
Source: TradingView

Fresh market data shows new SHIB address creation hit a multi-year low of 12.73% in February 2025. This vital metric oscillated between 27% and 48% since January 2025, marking a maturing market phase. The strategic slowdown hasn’t prevented existing Shiba Inu millionaires from doubling down on their positions.

Market Outlook and Future Predictions

Also Read: De-Dollarization: ECB Expands Wholesale CBDC in Europe—A Step Backward for Privacy?

The imminent golden cross formation could unleash unprecedented buying pressure, potentially shattering current SHIB price predictions. While trading volume remains calculated, institutional giants continue their accumulation strategy. Some of the real-time blockchain data confirms whale holdings surged by 0.54% over the last 30 days, as retail participation experienced a 0.85% decline.

Credit: Source link

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