Shiba Inu is displaying a similar dynamic with 1.585 million users<\/strong> now holding the token. This steady increase in holders is part of an underlying trend that goes beyond mere short-term speculation. With its price hovering around $0.0000057<\/strong>, SHIB<\/strong> maintains a loyal investor base despite the volatility of the crypto market. The confidence of long-term holders is clearly visible in on-chain data where outflows to exchanges remain limited. This retention behavior is characteristic of the silent accumulation<\/strong> phases that typically precede explosive rallies.<\/p>\n\n\n\n The simultaneous growth across two major meme coins is no coincidence. It suggests a renewed interest in this specific segment of the Web3 market which often moves ahead of retail investors. The fear and greed index sitting in neutral territory provides the perfect backdrop for this type of discreet accumulation. Crypto whales are taking advantage of the general indifference to build their positions before mainstream media attention returns. The underlying crypto trend remains highly favorable for assets with strong communities over a medium-term horizon.<\/p>\n\n\n\n Token distribution data reveals massive concentration. Crypto whales control nearly 90% of the market capitalization<\/strong> for PEPE<\/strong> and 95% of the supply<\/strong> for SHIB<\/a><\/strong>. This extreme concentration is a structural feature of meme coins that significantly amplifies price movements in both directions. When these large wallets decide to withdraw their supply from exchanges, available liquidity mechanically collapses. A supply shock<\/strong> of this magnitude can propel prices exponentially within a matter of hours.<\/p>\n\n\n\n![\"PEPE](\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2026\/05\/18131237\/Capture-decran-2026-05-18-a-11.09.22-1024x431-1.jpg\")
<\/figure>\n\n\n\nIs whale concentration setting the stage for a supply shock?<\/h2>\n\n\n\n