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A rare anomaly has emerged in the Shiba Inu (SHIB) ecosystem, causing a significant disruption in one of its key whale metrics. Data from IntoThe Block has uncovered a peculiar trend, showcasing a notable increase in the number of large transactions exceeding $100,000 within the past 24 hours.
However, despite this surge in transaction frequency, there has been a substantial decline in the volume of these transactions during the same period.
According to the data, the number of large transactions soared by an astonishing 71.4%, totaling 204 transactions. This surge in activity would typically suggest a robust and bullish market sentiment among large-scale investors.
However, the anomaly lies in the stark contrast observed in the volume of these transactions. The volume of large transactions, denoted in Shiba Inu tokens, plummeted by a staggering 67.3%, decreasing from 6.36 trillion SHIB to 2.08 trillion SHIB.
Furthermore, when measured in dollar equivalent, the decline in transaction volume amounted to 63.63%, dropping from $144.76 million to $52.64 million. Interestingly, the percentage of volume decline in dollar terms appears lower due to the substantial price surge of the Shiba Inu token.
Within the same 24-hour period, the token's price experienced a remarkable increase of over 24%, briefly reaching $0.0000282 before retracing to $0.0000262.
100 Billion Shiba Inu (SHIB) Sent for Sale: Why Are Whales Selling?
The perplexing nature of this anomaly may leave the SHIB community questioning its underlying cause. Whether this unexpected turn of events stems from a glitch in the on-chain data calculations or if it signifies a genuine and unprecedented occurrence within the Shiba Inu ecosystem is a question to ask.
I am leaking the data for all the prices of the tokens below in 2030 (just a thorough Analysis nothings certain , do your own research) $BTCย = $167.000 $ETHย = $10,768 $XRPย = $11 $ADA = $115 SOL = $432 PDA = $17 DOGE = $12 SHIBA = $1 TIA = $421 BNB = $3.987 MATIC = $4 MANTA = $8
โข Market sideways, trading just above M5 EMA200.
โข EMA GX possible in play, just needing more reaction from buyers.
โข Market trading above bullish NT.
โข Market above POC; trying to sustain a break from current structure's 75% key trendline resistance. In case of successful breakout, expecting an entry on Fib's golden zone and a test on the VAH.
โข TFO signaling overbought conditions, could make a pullback just above the overbought line and bounce for more upward push.
Shiba Inu Raises $12M Through Treat Token Sale ๐ค๐ค
๐Shiba Inu team secures $12 million via TREAT token sale to non-U.S. investors like Polygon Ventures. ๐The lead developer, Kusama, clarifies the investor base amid queries about U.S. involvement. ๐TREAT is a utility and governance token for Shiba Inuโs Layer 3 blockchain.
The team behind the Shiba Inu memecoin has secured $12 million by selling its unreleased token, TREAT, to non-U.S. venture capital investors. The fundraising campaign, which started several months ago, witnessed participation from investors such as Polygon Ventures,
Mechanism Capital, Big Brain Holdings, Woodstock Fund, and DWF Ventures, Questions arose regarding the involvement of U.S.-based investors such as Mechanism Capital and Shima Capital. However, Shytoshi Kusama, the lead developer, clarified that despite appearances, none of the investors are based in the U.S., although full entity names remain undisclosed.
Kusama refrained from providing specific details regarding the valuation but indicated that the fundraising was conducted in tranches. According to a source familiar with the matter, these tranches occurred at valuations of $75 million, $100 million, and $200 million, respectiveโฆ
$SHIB ย ANDย $ENA ย both are moving towards financial freedom.
Both are equally important in the crypto space right now.
Iโm a big fan of SHIBA since the early days same as ENA ACTUALLY Shiba did introduce me to the market with a great profit, the real profit with me was my followers on YouTube and social media since then.
I believe there is a huge opportunity for both projects to skyrocket and eventually be able to achieve greater profitability for their users.
We are still early in the game and more is on the way.
Just be patient and keep studying and support the crypto ecosystem you will win in the futureโ๏ธ
Whatever project you support now, keep the momentum going and never give up, do not listen to anyone except yourself. You and only you now can decide whatโs best for you.
Hey guys, want to win BTC?๐๐๐ซข๐ซข๐ต๐ต ๐๐ต GET 0.1 BTC = tip 1 ๐๐ต GET 0.2 BTC = tip 2 ๐๐ต GET 0.3 BTC = tip 3 ๐๐ต GET 0.5BTC = tip 5 ๐๐ต GET 1 BTC = tip 10
Take caution ๐๐๐ even ifย $BTC ย drops to 67 K.
There will be a correction and a drop fromย #45kย toย #50KBTCย after that. ๐ฅ๐ฅ๐ฅ Recall: if there are no corrections, bitcoin will not surpass 70k.
The market will consolidate for a few days. About 60k to 70k in the range. Bitcoin will then advance toward $50,000. After that, we'll examineย $BTC ย to pursueย #ATHย .
It would be wiser to wait and ascertain the sentiment of the market. It appears that large whales are not interested in purchasing Bitcoin at this time. When it gets fixed or dropped, they will buy it.
The previous BTC halvings show that neither a sharp decline in price nor a sudden ATH in BTC are present. Large whales enter the market when the price declines and reaches a comfortable level. Furthermore, compared to the earlier halvings, it appears to occur sooner rather than later.
Let's watch to see what occurs. This is not a place for financial advice. Prior to investing, always DYOR
Here are the projected prices for various cryptocurrencies. For those who doubt, sorry, and for those who believe, good luck! BTC = $100000 ETH = $10000 XRP = $10 ADA = $50 SOL = $4400 PDA = $12 DOGE = $2 SHIBA = $0.1 TIA = $300 BNB = $3000 MATIC = $2 MANTA = $1 Share with your friends now! #BTC#ETH#BNB
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Are projects with randomly nested narratives worth doing? โ
Now that the market has developed to a certain stage, various popular concepts have emerged, such as: re-staking, RWA, Depin, inscriptions and various texts, L2, ZK, etc.
(1) For some projects, you will find out when you come into contact with them: How can this guy do everything?
(2) For other projects, you will find out when you come into contact with them: Can this guy do this?
I just happened to come into contact with three of them recently. They do everything. Their roadmaps have everything. They have everything. This situation needs to be viewed from two perspectives. I will establish the first perspective and stand from the second perspective to see:
(1) Within the community: WOC! Good news, the project party is doing things and is still doing a lot of things
(2) Outside the community: What exactly is this project going to do?
๐Doing everything, the sense of direction is poor. Mountain birds and fish have different paths. Two completely different narratives are forced together. What else can the other party do except wanting to take advantage of the market hotspot to get you on board with fomo so that he can take your money?
If a project can figure out the G-spot of 1-2 users, it is very impressive (however, nesting too many narratives is also a way to figure out the G-spot, hhh)
It is not impossible to do such projects, but the other party's motivation for listing them in this way must be that the concept is greater than the reality. If you dance with wolves, you are either a beast or a piece of meat
It is possible that some projects did not develop in the past, and now they want to start a new narrative, but if they start too many stoves, then their original intention is not to cook ingredients, but to use you as ingredients.
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