Thanks to a 29.2% monthly increase, Shiba Inu ($SHIB) continues to set the meme coin ball rolling. A double bottom pattern is igniting part of this bullish momentum, as the 2nd-largest meme coin eyes a 110% surge to $0.000029, according to market analyst Mary Emerald. A double bottom is a bullish signal that marks strong accumulation, rejection of lower lows, and a confirmed trend reversal, which often triggers sustained upward momentum. Market analyst Luckside Crypto recently opined that the $0.000022 was on the pipeline. As social buzz skyrockets by 126%, Shiba Inu continues to hover around $0.00001492, with bullish on-chain metrics emerging. $SHIB Whale Accumulation Goes Through the Roof According to crypto pundit Ayox ETH, “A massive wave of whale accumulation has hit the $SHIB market, with on-chain data revealing that large wallets have scooped up a staggering 1.81 trillion SHIB.” This buying spree represented a 422% daily increase, fueling a bullish technical setup that the token’s price is destined for greater heights. Growing excitement over Shibarium and AI initiatives in the $SHIB ecosystem is reigniting interest, particularly among savvy, whale, and institutional investors. Meanwhile, the $SHIB Army remains relentless in boosting the burn rate, aiming for the psychological milestone of $0.0001.