A prominent Shiba Inu (SHIB) whale, identified as wallet address 0x9d9…Eb2d6, has once again increased their holdings. This time, the major holder added SHIB tokens worth $2.54 million, bringing their total SHIB portfolio to a staggering $21.72 million. https://twitter.com/ai_9684xtpa/status/1862377251284951277 Since June, the investor has strategically withdrawn 83.63 million SHIB tokens from Coinone at an average price of $0.00001842. With SHIB’s current trading price of $0.00002599, this calculated move has netted the holder an impressive $6.33 million in profits. Meanwhile, the Shiba Inu burn rate has seen a dramatic surge, spiking by a remarkable 2,296%. A single transaction recently burned 1,003,266,585
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Memecoins can fuel viral growth — as they did for the crypto market throughout 2024 — but they also often lead to pump-and-dumps.
]]>Shiba Inu (SHIB) has experienced a significant price drop following the recent exploit on WazirX, a prominent Indian cryptocurrency exchange. The hack resulted in the theft of 5.4 trillion SHIB, causing widespread concern among investors and triggering a 9% decline in the token’s value to $0.00001726. 5.4T $SHIB has been taken from the WazirX exchange. These assets are likely to be sold for #Ethereum at any time. pic.twitter.com/pI5qrKXA5w — CryptoQuant.com (@cryptoquant_com) July 18, 2024 In the past two hours, the hacker’s address has transferred 801 billion SHIB to the address 0x35fe…745CA. This transfer represents 14.74% of the stolen SHIB and
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]]>The memecoin market is showing signs of decline, prompting speculation about whether the current conditions signal the end of the memecoin season or present a buying opportunity. While the memecoin narrative has been a significant theme this cycle, recent trends indicate a downturn, with celebrity-endorsed tokens also struggling. $WIF A whale recently deposited 12.66 million $WIF, worth $23.4 million, to Binance over the past two days. This activity led to a brief spike to $4.88, followed by a sharp decline. The current price stands at $1.8115 USDT, suggesting a correction phase marked by bearish momentum. A whale deposited 12.66M $WIF($23.4M) to
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]]>Recent activities by Shiba Inu (SHIB) whales have stirred significant interest and speculation among investors. These large holders have been transferring substantial amounts of SHIB from exchanges, raising questions about their intentions and the potential impact on the market. In a notable move, Shiba Inu whales transferred a total of 2.55 trillion SHIB from exchanges. This includes 2.2 trillion SHIB, worth approximately $39.9 million, moved from Robinhood, and 353 billion SHIB, valued at $6.6 million, withdrawn from Binance. Shiba Inu Whales Withdraw 2,553,827,943,318 SHIB from Exchanges https://t.co/QDMTspArgX — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) June 21, 2024 Just yesterday, a smart whale
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]]>Over the past week, memecoins have outshined Bitcoin, recording over 25% growth as a category. Memecoins have outperformed $BTC in the past 7 days, gaining over 25% growth as a category. Let’s dig into the top 5 memes by market cap. 
pic.twitter.com/bxstXHZ483 — Cointelegraph (@Cointelegraph) May 27, 2024 Here’s a look at the top five memecoins by market cap: Dogecoin ($DOGE) – Market Cap: $24.8 billion Created in 2013, Dogecoin remains the largest memecoin. Inspired by the Shiba Inu Kabosu, who recently passed away, DOGE faces significant resistance between $0.166 and $0.171, where 75,500 addresses hold nearly 10 billion
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]]>Yesterday, the popular Solana-based memecoin Dogwifhat ($WIF) experienced a significant price surge, climbing from $2.80 to above $3.20. However, this rally was short-lived as large transactions by whales created notable volatility. On-chain data from Lookonchain revealed that two major buyers purchased a combined total of 701,668 $WIF, valued at approximately $2.04 million. One whale, operating from wallet “37reKQ,” spent 1.31 million USDC to acquire 453,877 $WIF at $2.89 per token. This transaction, occurring just two hours ago, left the whale with an unrealized profit of $161,000. Detailed transaction information for this wallet can be found on (https://solscan.io/account/37reKQ). WIF is pumping!
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]]>The recent surge in memecoins has continued to generate substantial profits for traders. Notably, one trader has made a remarkable $1.17 million from investments in $GME and $AMC. On May 13, following the return of @TheRoaringKitty on X, this trader spent 645 $SOL to purchase 30.8 million $GME and 327 $SOL to buy 27.6 million $AMC within 8 to 11 hours of the post. As of now, the trader’s holdings in $GME and $AMC have skyrocketed in value to 4,536 $SOL (a 7x increase) and 4,590 $SOL (a 14x increase), respectively. This trader is making $1.17M from #memecoins $GME and
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]]>The emergence of Thug Cat ($THUG), a new Solana memecoin, has caught the eye of the crypto community, propelling it to the sixth position on the Dex screener today. However, recent data from Lookonchain reveals an intriguing development involving insiders profiting from the token’s surge. Insiders capitalized on the hype surrounding Thug Cat by strategically maneuvering their holdings to maximize gains. According to the data, insiders made a significant profit of 9,954 SOL (equivalent to $1.49 million) by dumping their Thug Cat tokens. Insiders Made 9,954 $SOL ($1.49M) by Dumping $Thug on You! The Insiders spent 1,500 $SOL($225K) to buy
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]]>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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