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- Shiba Inu’s SHIB Pay promises instant settlements and lower transaction fees, boosting SHIB’s utility.
- Large holders have accumulated 631.74 billion SHIB ($7.58M) in three days, reversing outflows from late March.
Shiba Inu (SHIB) is stirring up the market as Q2 2025 gets underway with the ecosystem preparing for the release of SHIB Pay, a payment system that makes it easy for crypto to be spent. The project was revealed by marketing lead Lucie on X, who explained, “SHIB Pay’s gonna let any store accept crypto, no banks involved. It’s fast, super cheap, and businesses stay in full control.”
About The Latest SHIB Pay Platform
The new SHIB Pay platform promises to cut out the middlemen, enabling businesses to accept payments directly in crypto. The feature has benefits, including reduced transaction charges, instant settlements, and complete financial control for businesses. On X, Lucie explained,
SHIB Pay is a future feature that will let stores and websites accept crypto payments directly—no banks, no middlemen, just pure blockchain.
Regardless of this significant improvement, the market performance of SHIB continues to be stressed. CoinCodex reports that the token would move to $0.00001305 towards the end of April and touch $0.00001362 by June. Within a year from now, SHIB could find stability at $0.00001231 as of June 2025.
Market signs are pointing to a tough outlook. Experts foresee a -14.85% price drop for SHIB by June 25, 2025. Sentiment is still bearish, as the Fear & Greed Index stands at 40, reflecting fear on the part of investors. In the last 30 days, SHIB has experienced 17 out of 30 green days, with a 5.55% volatility rate. CoinCodex analysts issue a warning, “Based on the Shiba Inu forecast, it’s now a bad time to buy Shiba Inu.”
The wider crypto market sell-off has affected SHIB, with the token losing 7.27% in the last week and falling 3.73% in the past 24 hours. SHIB has suffered four consecutive daily losses since March 27, with a further 3% fall this morning, its longest losing streak since January.
Shiba Inu Large Holders Stand Strong
However, large SHIB holders appear undeterred. Data from IntoTheBlock reveals that whales have accumulated 631.74 billion SHIB worth over $7.58 million in just three days, as highlighted in our previous report. This accumulation trend follows a period of significant outflows on March 26 and 27, but a reversal began on March 28.
On March 28, whales bought 165.51 billion SHIB, followed by 148.6 billion tokens on March 29. Accumulation accelerated even further by March 30, with 317.63 billion SHIB added to their bags.
Most importantly, netflows went positive during this time. From March 28 to 30, big SHIB holders saw 276.28 billion SHIB in net inflows worth around $3.3 million. The biggest net inflow, 206.93 billion SHIB, happened on March 30, even though SHIB’s price was going down.
The trend of accumulation is not limited to whales. Investors with 10 million to 100 billion SHIB, and those with 10 trillion to 100 trillion tokens, grew their balance from 266.36 trillion SHIB on March 28 to 266.6 trillion SHIB. They added another 240 billion tokens.
