🚀 Shiba Inu (SHIB) Rockets Up 1,173% as Whales Spark Intriguing Surge! 🌐💹
Shiba Inu (SHIB), the dog-themed cryptocurrency, has experienced an astronomical 1,173% surge in the last 24 hours, leaving the crypto community buzzing with excitement! 🚀📈 What's causing this unprecedented move? Let's uncover the intriguing details.
🐋 Whale Activity Hits Record Levels: Unveiling the Zero-Eliminating Mission!
In a surprising twist, some of the largest SHIB holders, known as whales, are on a zero-eliminating mission, making substantial moves in the last 24 hours. 🌊🔄 Blockchain analytics from IntoTheBlock reveal that large transactions (valued at $100,000 or more) have skyrocketed by an astonishing 1,173.58%, reaching 5.15 trillion SHIB, equivalent to $47.64 million!
💡 Insightful Note: Surge in large transactions often signals significant whale activity, indicating substantial movements in the market.
📊 On-Chain Activity Soars: What Lies Behind the Surge?
The overall on-chain activity has witnessed a remarkable increase, recording 6.48 trillion SHIB in the last 24 hours, up from 1.61 trillion on Jan. 18. This surge aligns with a rebound in SHIB's price, climbing nearly 5% in the same period.
📈 SHIB Price Action: Bulls Persist in Zero-Erasing Endeavors!
After a significant drop to lows of $0.00000878, SHIB's price has rebounded, marking a 2.31% gain in the last 24 hours, reaching $0.00000947. Bulls are actively working to erase a zero from the SHIB price, with the next target set at the daily MA 50 at $0.000010.
🌐 Shibarium Milestone Approaches: Navigating Towards 300 Million Total Transactions!
Shiba Inu's Layer 2 solution, Shibarium, is nearing a remarkable milestone with almost 300 million total transactions. The Shibariumscan explorer reports 296,739,458 total transactions, 1,342,391 wallet addresses, and 2,739,095 total blocks.
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