Shiba Inu (SHIB) is accumulating a significant amount of tokens as investors prepare for a potential historic run in October.
Historical data shows that SHIB has enjoyed positive returns in October in previous years, and with a positive correlation to Bitcoin, it is expected to rally alongside it.
Investors have accumulated 770 billion SHIB tokens, indicating a long-term holding strategy.
However, concerns arise from the drop in burn rate and low network activity on Shibarium, which may impact SHIB's fundamentals.