Shiba Inu (SHIB) has experienced a 60% price rally in the past week, drawing attention from both retail and institutional investors.
The positive sentiment in the cryptocurrency market, driven by recent election results and growing confidence, has contributed to SHIB's growth.
Whale activity, with significant transfers of SHIB to exchanges, indicates confidence in the potential of the asset and the expectation of further growth.
SHIB's future trajectory will be determined by persistent whale activity, market dynamics, and the ability to sustain its rising trajectory.