Category: SHIB
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Shiba Inu (SHIB) Faces Price Decline Amidst Investor Sales Concerns
Shiba Inu (SHIB), a cryptocurrency that experienced a remarkable surge of over 250% in recent weeks, is now facing a notable price decline, with a 7% decrease today and a 20% drop over the week, ultimately closing below the $0.00003 mark. This downturn has raised concerns among investors about potential sell-offs, particularly as it coincides with a significant increase in SHIB transfers to exchanges, facilitated by a whale wallet. According to data from spotonchain, a savvy trader recently deposited a substantial amount of SHIB, totaling 1.24 trillion tokens, equivalent to $35.16 million, onto platforms like Binance and Gate.io. If indeed
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Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth
From RBN to FLOKI: This Week’s Crypto Winners and Losers
Shiba Inu Surges 300% In 7 Days: Holders Reap Profits Amidst Rune’s Purchase And Justin Sun’s Sale
The recent surge in Shiba Inu has ignited excitement among its holders, with the meme coin experiencing a remarkable 300% increase in value over the past seven days. Today alone, Shiba Inu witnessed a surge of 60%, propelling its price to $0.000043, marking a significant milestone as it approaches its all-time high of $0.000088. Amidst the fervor, on-chain reports from Lookonchain shed light on notable transactions involving prominent figures in the cryptocurrency space. Rune, known as RuneKek and the Co-founder of MakerDAO, made headlines by purchasing $SHIB. Over the course of three days, Rune invested 500,000 USDC to acquire 25.04
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Meme Coins See Remarkable Surge Amidst Profit-Taking Trends, WIF Sets Distinct Highs
In recent days, the cryptocurrency market has witnessed a remarkable surge in the prices of meme coins, including Dogecoin (DOGE), Pepe (PEPE), Shiba Inu (SHIB), and dogwifhat (WIF). The values of these digital assets have experienced astounding levels of increase, reflecting the growing interest and enthusiasm among investors. However, amidst the continued surge among meme coins, one notable player, Dogwifhat ($WIF), has seen its bullish momentum stall today, experiencing a slight decline of 3% in its value. This deviation from the upward trend suggests a potential shift in market dynamics, as traders begin to take profits from the recent price
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Meme Tokens Skyrocket: Market Cap Hits $61.5 Billion Amidst Crypto Frenzy
Whale Enthusiasm For Shiba Inu Surges Amid Meme Coin Frenzy
This week, the excitement among whales for Shiba Inu (SHIB) has reached unprecedented levels, signaling a resurgence in the meme coin frenzy. Data from IntoTheBlock reveals a staggering spike of nearly 500% in large transactions involving SHIB, indicative of heightened interest and activity within the community. In a remarkable turn of events, the total supply of SHIB tokens has witnessed an exponential surge, skyrocketing from 1.2 trillion to an astounding 6.6 trillion in just two days. This surge in supply coincides with a notable uptick in the price of the token, which has seen impressive gains of 27% within a
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