As Dogecoin Whale increases token reserves to 10 billion, Shiba Inu is expected to break through the 200-day moving average

Shiba Inu (SHIB) is trying to break through its 200-day simple moving average (SMA), or $0.00001300, thanks to a 2% increase in its price and a surge in trading volume to 943.1 billion. Meanwhile, its whale holdings have risen to its highest level in nearly four years of 10.91 billion, amid speculation that Dogecoin (DOGE) spot ETFs may be approved.